The 1031 exchange is a powerful tool for real estate investors, allowing them to defer capital gains taxes while growing their investment portfolios. This article empowers you with a deep understanding of the essential aspects of the 1031 exchange, highlighting the rules, benefits, and importance of working with a seasoned real estate attorney like Michael V. Favia.
Read more...Category: Real Estate
The Benefits of Choosing a General Practice Law Firm
In Chicago, the Favia Law Firm is a highly reputable and versatile general practice law firm committed to providing comprehensive legal services, covering a broad spectrum of legal areas, including healthcare law and professional practice, personal injury, estate planning, real estate transactions, and business contracts. The Favia Law Firm is dedicated to personalized attention, ensuring that each client’s unique needs are understood and cared for.
Read more...Healthcare Consulting in Chicago: The Health Practice Advisors Team
The Health Practice Advisors Team Offer Highly Specialized Knowledge and Relationships Health Practice Advisors is a group of experienced and well-respected healthcare professionals and providers growing and promoting their practices. The team of healthcare practitioners and closely related professionals in the Health Practice Advisors group are some of the best in the business of healthcare […]
Read more...Chicago Real Estate and Tax Issues with Attorney Katherine O’Dell
Summertime means moving and dealing with real estate and property matters while the weather is good and people are active. Many people are concerned about the financial issues that cause stress for families all over Chicago and the suburbs. Attorney Katherine O’Dell talks about real estate tax assessments and related issues affecting commercial and residential property owners and renters.
Read more...Homeowner Liability: Protecting Your Family and Assets
Filing a lawsuit against a friend or neighbor seems like the worst thing someone can experience, especially when seeing that person again is inevitable. If a guest is injured at your home or on your property where you are legally responsible, an insurance claim can be made. Before making a claim with any insurance company, contact a personal injury attorney first. With your Chicago injury lawyer, discuss your personal liability and exposure, because personal liability is possible if the insurance does not pay a claim or the claim exceeds the policy limits. At the end of the day, neighbors understand that some insurers will pay claims without a problem and others seemingly need a lawsuit on file to get people paid appropriately, and that’s why you need a lawyer like Michael V. Favia.
Read more...Real Estate Checklist for Buying a House
Buying a house is one of the most exciting things we do in life. Beautiful new homes with curb appeal and all the bells and whistles bring joy to our hearts as we grow our families. Counterbalancing our excitement, the nerves that come along with buying a house can also be daunting. Investing in a home or any piece of real estate is a major decision. Your house is often your most valuable asset and the purchase and sale of a property is nothing to take lightly.
Read more...Real Estate Tax Reduction and Disputes in Illinois
Call the Favia Law Firm Today, We Have Offices in Chicago’s Loop, Rosemont, and Rolling Meadows (312) 609-6666. We Can Help You with Real Estate Tax Reduction and Disputes in Illinois Today!
Read more...Homeowner Liability for Guests and Injuries
Michael V. Favia is a Chicago personal injury lawyer with decades of experience with all types of negotiations and claims for injuries and losses. Whether you are injured at home, at another’s home as a guest, or driving there or back, we have you covered at the Michael V. Favia & Associates.
Read more...Building Code Violations: Commercial and Residential Issues
Being Aware of and Addressing Building Code Violations Rental properties can be great investments and sources of rental income. When buying and selling residential and commercial buildings to lease to tenants and businesses, be aware of building code violations. A building code violation can get in the way of the purchase or sale of a […]
Read more...Michael V. Favia is Listed Among Peer Selected Leading Lawyers for 2019
Fewer than five percent of all lawyers in Illinois are selected through the peer review process to be recommended and named among the list of Leading Lawyers published annually. Skill, experience, and reputation in the practice of law are recognized by fellow attorneys who cast their vote for the best attorneys they know and trust.
Read more...