In a tax-deferred exchange, under Internal Revenue Code Section 1031, an owner can defer capital gain taxes by exchanging property held for investment or used for productive use in a trade or business for other property that will also be held by them for investment purposes or for productive use in a trade or business. … Continue reading “Like Kind” – A Commonly Misunderstood Term →

I will be specifically dealing with office, retail and office/warehouse buildings in this brief article. All buildings have the same basic systems, namely: Electrical, plumbing, HVAC, structure and roofing. Which component is the most important or has the most attention of our client depends on the type of site and its intended use. Here are … Continue reading What are the Most Important Questions to Ask Your Real Estate Inspector about Commercial Buildings? →

Disputes over the purchase and sale of real estate differ from other legal disputes because the jilted party in a real estate transaction can often ask the court to actually enforce the contract. Rather than awarding money damages, a court can order parties to go through with the transaction. This is crucial when a project … Continue reading The Five Steps To Prosecute A Successful Lawsuit for Specific Performance →