The U.S. Internal Revenue Service has amended like-kind exchange regulations to add a definition of real property and limit section 1031 treatment to like-kind exchanges of real property. The final regulations include a rule addressing a taxpayer’s receipt of personal property incidental to the real property the taxpayer receives in an otherwise qualifying like-kind exchange. […]
According to the Department of Commerce Bureau of Economic Analysis, real gross domestic product increased at an annual rate of 33.1 percent in the third quarter after real GDP dropped 31.4 percent in the second quarter. Personal income grew 0.9 percent while consumer spending increased 1.4 percent in September, according to recent estimates. The U.S. […]
Are you experiencing a temporary slump in cash flow because your business closed or was significantly affected by the coronavirus pandemic? If you own the real estate in which you operate your business, then a sale-leaseback could offer a cash infusion. There’s still lots of private money out there searching for good commercial real estate […]
By definition, the Consumer Price Index (CPI) is a measure of the average change over time in the prices urban consumers pay for a basket of goods and services. In simple terms, when the CPI goes up, it generally means our daily cost of living goes up The CPI offers a primary gauge of inflation. When […]
Certain properties in what are called opportunity zones provide real estate investors with additional tax benefits. Opportunity zones were created under the Tax Cuts and Jobs Act. Opportunity zones spur economic development and job creation in distressed communities by providing tax incentives for investing in businesses operating in those zones. There are more than 8,700 […]
Commercial real estate owners have been nervous for months as they wait to see how their investments will fare after the coronavirus pandemic subsides. With more office employees getting used to working from home and business people reluctant to travel beyond their immediate areas, office properties and especially hotels have taken a big hit. Across […]
Contrary to what some people believe, few rental property owners are in a financial position to forgo rent payments for months on end. They rely on this monthly income to pay mortgages and expenses. For some investors, rent payments constitute their primary source of income. So, where’s the relief for landlords when the government limits […]
As more and more businesses reopen, most major financial institutions and other experts forecast an economic rebound in the second half of this year. That’s subject, of course, to a potential second wave of the coronavirus. As for commercial real estate, I don’t expect a reasonably short economic downturn — compared to past recessions that […]
The Coronavirus Aid, Relief and Economic Security Act includes a provision that benefits commercial property owners. Legislation makes qualified improvement property (QIP) once again eligible for bonus depreciation. QIP involves any improvement to an interior portion of a nonresidential building if that improvement was made after the building first was placed in service. This generally […]
The Affordable Care Act and the general need for convenience in accessing health care services have changed how some providers view the modern medical office space. A decade since the federal legislation was enacted, many health care professionals and diagnostic centers have ditched their old-fashioned, sterile-looking office setups for flashier and, more important, conveniently located […]