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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...]AB 2204 Could Affect the Cost of Transferring Property
AB 2204 is currently making it’s way through the legislature. It is designed to fight discrimination in the real estate market but its effectiveness has been called into question and it’s costs are great. The Bill will require a title insurance company to strike any racist covenants, conditions, or restrictions from the deed or other instrument before property is transferred. While it sounds good in principle, the enforcing of these new restrictions would add a significant amount of time and money to every real estate transaction. If AB 2204 passes, the cost for Californians is estimated between $17 million and $33 million a year. Are the benefits worth the costs?
click here to read AB 2204 and find out its current status
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New Articles by Topic
1031 Exchange - Exchanging Property You Didn’t Know You Had
Transferable Development Rights for Real Property “Development Rights” is defined as unused rights to develop a property to the extent permitted under state or local law. As states and municipalities hav...
Articles - AB 2204 Could Affect the Cost of Transferring Property
AB 2204 is currently making it's way through the legislature. It is designed to fight discrimination in the real estate market but its effectiveness has been called into question and it's costs are great. The Bill will require a title insurance company to strike any racis...
Greater Los Angeles Area - Do You Support Subway to the Sea?
The proposed "Subway to the Sea" will extend the Red Line from the current terminus at Wilshire Blvd. and Western Ave., heading west along Wilshire Blvd to Beverly Hills, Century City, Westwood and UCLA and on to the Pacific Ocean in Santa Monica, the Wilshire corridor subway will form the es...
Articles - Interest Rate Slashed to 1 Percent
The Federal Reserve announced Wednesday, October 29th that they will reduce interest on federal funds by half a percent. This brings the interest rate to 1 percent, the lowest it has been since 1958. This ...
Green Power - Hot Weather is Here and You can Help your Tenants Save Money and the Environment
California Edison customers receive rebates when they receive certified air conditioning tune-ups, subject to verification.
1. To be eligible for the rebate: (a) I must be a Southern California Edison customer on a residential, GS-1 o...