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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 questionsâŚcomment here!
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Want to see first hand how decisions are made about land use and variances? Attend a City council meeting. Click here for schedule and subjects that may be pertinent to your commercial real estate located in Los Angeles.
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 âtis 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 âlike kindâ 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...]Test Your Real Estate IQ
As a Los Angeles based Commercial RealtorÂŽ, actionrealtysales is committed to providing the highest level of professional counsel to every client, in every engagement. It is important that sellers, and/or their representatives come to the engagement with awareness of some of the basic guidelines and terms involved in the transaction. Here are a few questions that allow you to test your âReal Estate IQâ:
1. Can I exchange a single family residence for a commercial property through a deferred exchange?
2. Can I buy a new property before I sell the one I own and still take advantage of the deferred gain in a 1031 exchange?
3. Why do I need to consult a local Commercial RealtorÂŽ if I am contemplating the sale of an building that is less than 4 units?
4. What are Estoppels and how are they used in the sale of commercial property?
5. Are there any special requirements in the sale of a property by an LLC?
6. Are the best âdealsâ in foreclosure properties?
7. In disposing of a commercial property owned by a trust, how does length of ownership impact potential tax consequences?
8. If I sell my property âAs Isâ, do I still need to disclose obvious defects?
9. How does a gas station a block from my property impact the sale of my property?
10. How do I present my income/expense information to prospective buyers in the best possible light?
Call us today for the answers.
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1031 Exchange - Exchanging Property You Didn’t Know You Had
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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?
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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...