Services for Real Estate Pros |
RAINER 62,974 |
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Lisa Lambert | ||
Esq. 1031 Exchange Expert | ||
location_on Fresno, CA — The Law Offices of Elisabeth A. Lambert | ||
236274 | ||
web 1031 Exchange Expert: Qualified Intermediary, 1031 Exchanges, Accommodator, California and the U.S., etc., etc, |
Lisa A. Lambert, Esq. is a licensed California attorney and a Certified Trust and Fiduciary Advisor (CTFA) who has over 15 years of experience in estate planning, wealth management, and general legal services. She is the owner of Lisa Lambert Law, a boutique law firm that provides customized and compassionate solutions to clients with diverse needs and goals.
Lisa's core competencies include estate planning analysis, 1031 tax-deferred exchanges, real estate law, transactional law, and entity formation. She works with clients' accountants and other trusted advisors to create holistic and comprehensive plans that address their financial, retirement, wealth transfer, and gifting objectives. She also has a strong background in trust administration, business succession, investment planning, and legacy planning. Lisa is passionate about educating and empowering her clients and their families, and she frequently speaks on various topics related to her field of expertise.
Lisa is well-versed in real property law, transactional law and IRC 1031 exchanges. IRC section 1031 of the tax code is one of the most misunderstood areas of real estate investing. Section 1031 of the tax code permits sellers of appreciated investment property to defer the capital gain tax the IRS would recognize on the sale if they purchase replacement investment property within 180 days.
However, there are a number of rules and grey areas in IRC section 1031 that require the investor to seek the guidance from their tax/legal advisors. One of section 1031's principal requirements is that the seller (also known as the taxpayer) cannot actually or constructively receive the proceeds from the sale of the relinquished property. Qualified Intermediaries (also known as accommodators and facilitators) are a "safe harbor" under section 1031, permitting these entities to hold the taxpayer's sales proceeds during the 180 day exchange period, preventing them from receiving the funds.
Lisa offers free consultation to attorneys, accountants, real estate professionals and investors to explore the 1031 issues that may need additional guidance from the taxpayer's legal advisor. She works closely with the advisors to make sure they have all of the technical information they need to competently advise their clients regarding the advisability of an IRC section 1031 exchange.
A 1031 exchange is not right for every taxpayer and Lisa takes great pride in making sure that the taxpayer's legal advisor have sufficient information and education to competently and confidently guide their clients through the 1031 exchange process.
Feel free to call or email Lisa regarding any 1031 exchange other real estate-related question.
Education is the single most important element in making wise decisions regarding investment real estate, estate planning and business transactions. Add me to your real estate investment team!! Secure