1031 Exchanges

graphic of someone handing keys in exchange for money

Lucas Real Estate – with attorney Devin R. Lucas and CPA Courtney R. Lucas – offer unique expertise in 1031 exchanges.  

REVIEW THIS ARTICLE ON REAL ESTATE 1031s FOR ADDITIONAL INFORMATION:
(LINK TO 1031 EXCHANGE ARTICLE)

Lucas Real Estate – Attorney Devin Lucas and CPA Courtney Lucas – are experts in California tax considerations, including 1031 exchanges and all aspects of Propositions 13, 58, 193, 60, 90, and new Proposition 19

Questions?

If you’re selling a property, seeking REALTOR® services, or exploring a traditional commission-based home sale or purchase, we’re here to help – free of charge. Call us anytime at (949-478-1623) or email [email protected] for your complimentary consultation and market evaluation.

For discussions requiring real estate legal advice, private family sales, family transfers, or tax-related matters, please schedule a paid one-hour consultation via Zoom, phone, or in person using this calendar (Book a consultation here.)  Upon booking, you’ll receive instant confirmation and a Zoom link if applicable.

Contact our office to discuss your 1031 exchange – buying, selling, or both.

There may be no better tax incentive for investment real estate than the 1031 Exchange which allows an income tax free (tax deferred) exchange of investment real estate with wide latitude as to what real estate can be purchased and sold.  

Investment property owners in Newport Beach, Costa Mesa and countless other communities with explosive growth in property value can utilize this crucial tool to sell investment property(ies) in one location, and transfer 100 percent of those profits, 100 percent tax deferred, into the purchase of a new property(ies) elsewhere, anywhere in the United States.  

Hot and prime rental markets such as Newport Beach and Costa Mesa have a constant flow of 1031 exchanges.

Regardless if your portfolio consist of large investment properties, or a single rental condo, a 1031 exchange may be right for you.

Contact our office to discuss your 1031 needs.

[email protected]

949-478-1623