Welcome to the Law Office of Ashley M. Peterson

The Law Office of Ashley M. Peterson is a boutique law firm which focuses on California and Texas real property transactions, and business transactions. As a boutique office, we are able to offer the highest quality of legal services without charging the excess big firm legal fees. Our office is dedicated to providing clients with more personalized and accessible experience in understanding the law.

Ashley M. Hohl, ESQ

Ashley M. Hohl is a fourth generation California attorney and is also licensed to practice law in the state of Texas. Mrs. Hohl founded the Law Office of Ashley M. Peterson in 2015, and specializes in real estate transactions including commercial and residential property purchases and sales, 1031 exchanges, commercial leasing, for sale by owners deals, seller financing, option contracts, co-owner agreements, title and due diligence review, easements, and deed preparation. In addition, Mrs. Hohl’s practice includes advising owners in forming LLCs for real estate holdings and investment as well as business purchases and sales.
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Our Legal Specialties

Real Property Transactions

Property law is constantly changing in California and Texas. As a property owner, seller, or buyer, it is important that you know what your legal rights and obligations are. Our office will ensure you know the current applicable laws, and we can guide you through your residential or commercial purchases, sales, or other real property transactions.

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Commercial Leasing

Weather you are a landlord or tenant leasing a commercial space can be daunting. Our office can help you negotiate terms of the deal, ensure the contract legalese is explained to you, or draft or edit the lease with more favorable terms.

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Business Transactions

Whether you want to buy or sell an existing business, form an LLC for real estate holding purposes, or enter into business contracts, our office will ensure that you fully understand your legal obligations and the terms of the deal.

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FAQs

What is a 1031 Exchange?
When you own real property, that asset will generally appreciate in value over time, particularly if you own property in California. When you sell that asset, capital gains tax will be due on the sale based on the appreciated value. A 1031 exchange is the method by which a person can sell an existing investment property (“relinquished property”) and defer all of the tax that would be due on the sale by purchasing a new investment property (“replacement property”). This is called a “like kind” exchange. It is extremely important for clients to have a qualified team of individuals to ensure the 1031 exchange is handled correctly. At a minimum this team should include a real estate attorney, a well-respected qualified intermediary company, escrow, and a tax advisor. Failure to complete the transaction properly and in accordance with IRS regulations and timelines could result in serious tax ramifications, penalties and interest on the transaction. If you are thinking about conducting a 1031 exchange, please contact our office and we would be happy to assist you with this process.

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