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GO GREEN
Everyone has ideas about greening residential real estate, but what about commercial investment property going green. Share your experiences or questions…comment here!
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Mandatory Access for Telecommunications Providers?
Mandatory Access to Commercial Property for Telecommunications Providers?
How do the contracts between commercial or multi-family property owners affect Tenants? The FCC is asking for your comments on an issue that could affect who has access to your property.
[Read More...]To Exchange or Not to Exchange…that is the Question!
Whether ‘tis better to sell and pay taxes or by deferring gain to leverage your portfolio?
Section 1031 of the Internal Revenue Code provides that neither gain nor loss is recognized if property held for investment use in trade or business is exchanged for like property. The term “like kind” refers to the grade or quality of the property, not a specific type or class. Thus, single family rentals can be exchanged for a retail strip center, commercial or industrial property.
[Read More...]4th District Upholds Unique Value of Investment Property
Just because real property is purchased as an investment, it doesn’t mean that monetary damages are adequate to compensate the buyer for the loss of the subject property and accompanying investment opportunity.Posted: Tuesday, February 26, 2008
Denial of specific performance as a remedy for seller’s breach of land sales contract was an abuse of discretion where seller failed to rebut presumption that damages were an inadequate remedy; evidence that similar properties had sold within a recent period was insufficient to establish that damages would be adequate to compensate buyer for the loss of the, and trial court erred in concluding that rule treating land as unique did not apply where primary purpose for buying land was as investment.
Real Estate Analytics, LLC v. Vallas
filed February 26, 2008, Fourth District, Div. One
Cite as 2008 SOS 1264
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