Everyone has ideas about greening residential real estate, but what about commercial investment property going green. Share your experiences or questions…comment here!
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 on...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.
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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. (more…)
On Wednesday, July 30 the Act was signed into law. The Housing and Economic Recovery Act of 2008, which authorizes the Department of the Treasury to purchase obligations of housing Government Sponsored Enterprises (GSEs); reforms the regulatory supervision of the housing GSEs; provides reform of the Federal Housing Administration; provides homeownership assistance and reforms to mitigate recent increases in foreclosures; and contains housing-related tax incentives and other tax provisions.
Take a look at the Bill
California Association of Realtors initially OPPOSED AB 2678 (Núñez) because it effectively would have required, among other things, that ALL homes and commercial property in California have an energy audit at point-of-sale, and that mandatory energy efficiency investments be made. (more…)
SACRAMENTO, Calif.—California apartment complexes could be declared smoke-free zones under legislation. Sen. Alex Padilla says his bill would ensure that owners of rental housing have the option to ban smoking. (more…)
Californians voted on the competing eminent domain initiatives on June 3rd.
Read about the proposition that passed and how this could affect you.
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 have acted to restrict and regulate new construction, the value of development rights has skyrocketed. In recent years, some states and local governments have adopted rules permitting unused development rights to be transferred to another parcel. (more…)
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. (more…)
Find out how recently passed legislation in California requires mandatory disclosure of private transfer fees. Assembly Bill 980
Taxpayers use Internal Revenue Code (IRC) §1031 tax deferred exchanges to defer paying capital gain taxes. Frequently, a taxpayer may consider exchanging out of or into property held for investment in a vacation or resort area. Many tax and legal advisors believe it is possible to perform an exchange on a vacation property that is held for investment purposes, provided the personal use is incidental (more…)
