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 →

WASHINGTON — In honor of National Mom and Pop Business Owners Day on March 29, 2013, the American Bankers Association releases the following tips to help small business owners best position themselves to obtain small business bank loans. “Five Tips to Increase Your Chances of Getting a Small Business Bank Loan,” the first in a … Continue reading Five Tips to Increase Your Chances of Getting a Small Business Bank Loan →