http://www.irs.gov/newsroom/article/0,,id=254383,00.html It’s that time of the year again. This one is scary. It’s bad enough having your identity stolen let alone have the perp [...]
Thanks to Steve Rosansky, a tax and 1031 exchange specialist attorney in Southern California, for bringing this to our attention. This post is more for my Central and Northern California [...]
This came up twice this morning while talking with clients so I thought maybe I should try to bring a little clarity to this again since it’s about 50 posts back. Under IRS Section 1031, cash or [...]
CoStar’s monthly National Composite Index of Commercial Real Estate increased for the seventh consecutive month in November 2011. I know its January 19, 2012, but it takes them around 45 days to [...]
I think 2012 will be a considerably better year for commercial real estate and an improved year for single family residential. I’m working with out of state retail buyers looking for out of [...]
Owners and potential sellers – we have a need for single tenant, triple net NNN leased or better yet, absolute net, long corporate leased retail. We have 1031 exchange uplegs and we need [...]
Continuing what I was writing about a couple days ago regarding the possible 1031 upleg chosen if a buyer in an exchange in the 45 day identification period can’t find a suitable fee simple [...]
Given that fee simple, single tenant, single parcel, national credit, long corporate triple net or absolute net leased retail opportunities are as hot as they are for 1031 exchanges, buyers are [...]
I’ve written plenty about triple net, in fact absolute net, single tenant, national credit, long corporate lease retail over the last few months, but what if the purchase is for a buyer under the [...]
This is a follow up to what I posted back on the 13th. I’m not going to editorialize too much on this article from Mark Heschmeyer at CoStar News, but to second what’s he’s saying in that this [...]
Here’s another one from Mark that follows on what I just wrote in the last post. And by the way, I need this kind of product for both buyers and sellers. See my contact page. It’s the cheap [...]
Good question Steve. Under IRS Section 1031, cash or other non-like kind property actually or constructively received by the taxpayer in a tax deferred exchange (commonly referred to as [...]
We’re in day 5 of the identification period for a 1031 upleg and I to find: C store with or without gas, prefers without, for 1031 upleg. $1.2 to around $1.6mil. Need a corporate [...]
This has become an annual legislative fight since the Democrats regained control of congress in 2007. Just the uncertainly alone casts serious doubts and further delays the commercial real [...]
Steve Rosansky put together a comparison of what could be a common scenario to show the advantage of doing a 1031 exchange versus cashing out. In this example he makes the assumption that a [...]
True, the 180 day 1031 exchange deadline for closing deadline is absolute (with certain exceptions) and one is if the relinquished or replacement property is in a presidentially declared disaster [...]
Once every six months or so I post a basic primer on 1031 Exchanges. This one is more for first timers and doesn’t cover anything more esoteric such reverse exchanges. This is still a [...]
At the link is another of Steve Rosansky’s insightful articles and this time on Constructive Receipt. Many of us commercial folks who have been in the business for a time have had 1031s go [...]
IRS Audit statistics from the IRS 2010 Data Book. This should make good bedtime reading to help you sleep better or a good storybook for the kids. http://www.irs.gov/pub/irs-soi/10databk.pdf