Investors Needed a Real Estate Attorney for a 1031 Exchange & Evictions
Peter and Linda owned a commercial building that they no longer wanted and learned that they could trade it in tax-deferred for an apartment complex using a 1031 like-kind exchange. As part of their asset protection strategy, they also wanted to place the new property into an LLC. In a 1031 exchange transaction, there are strict requirements and deadlines that need to be met in order to qualify for the tax-deferred benefits.
We ensured it all went smoothly. Furthermore, after acquiring the property, we assisting in the eviction and removal of unlawful and/or hostile tenants. With our legal assistance, Peter and Linda were able to focus on renovating the complex, finding the right tenants and adding value to the community.
We ensured it all went smoothly. Furthermore, after acquiring the property, we assisting in the eviction and removal of unlawful and/or hostile tenants. With our legal assistance, Peter and Linda were able to focus on renovating the complex, finding the right tenants and adding value to the community.
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