We Represent Boston Real Estate Investors and Other Clients in Contract, Tax and Related Matters
Real estate transactions present a variety of complicated legal issues. From ensuring that your sale, lease or construction agreement provides adequate protections to mitigating state and federal income tax liability, there are various aspects of both residential and commercial real estate transactions that require strategic planning based on the advice of an experienced Boston tax attorney.
At Thorn Law Group, we represent real estate owners and all parties to real property transactions with respect to risk mitigation and tax compliance. Managing Partner Kevin E. Thorn offers a broad range of services, and he and his team serve as outside general counsel to many of our clients. Whether you are a long-time owner and you are seeking to sell or reduce your tax burden, you are a lender or broker and you have questions about liability or compliance, you own a building or construction company, or you are a prospective purchaser or tenant, we can help you move forward.
Real Estate Lending
For mortgage banks and commercial real estate lenders, we offer full-service transactional and compliance representation. Our attorneys are available to provide representation on an ongoing basis, assisting with matters including (but not limited to) borrower due diligence, contract drafting and negotiation, regulatory compliance, and tax planning.
Real Estate Brokerage and Professional Services
We also offer full-service legal representation to Boston-area real estate brokerage firms and other professional services providers. Our attorneys represent engineers, architects, accountants, lawyers, surveyors, appraisers and other professionals in business and personal tax matters, and we are available to assist with other business and personal legal matters as well.
Execution of Section 1031 Tax-Free Exchanges
In appropriate circumstances, executing a tax-free exchange under Section 1031 of the Internal Revenue Code can provide substantial tax savings to real estate investors. While a 1031 exchange technically results in a deferral of tax liability, with strategic planning it is possible to realize tax benefits indefinitely. Our Boston tax attorneys are intimately familiar with the requirements for 1031 exchange eligibility, and we routinely advise real estate clients on tax deferral, mitigation and avoidance strategies.