Rule # 1 Both the relinquished property and replacement property must be held for investment purposes or used in a business and be ‘like kind’. Rule # 2 The IRS requires the investor to identify [...]
Since we’re getting into tax season, I’m getting more calls over the last few days regarding the basics of a 1031 delayed or reverse exchange so I thought it best to review some of [...]
1031 tax deferred exchanges under IRS section 1031 of the Internal Revenue Code allow real estate investors to defer taxes that would be due if the property was sold instead of exchanged. If the [...]
I haven’t written much about 1031s over the last year or so, but given the 50% increase in capital gains taxes in many circumstances and the 3.8% Net Investment Tax, there’s been a [...]
I’m a Santa Monica commercial real estate agent and have a orthodontic client need for 1,200 to 1,700 square feet of net leased retail or office space for orthodontist medical office use in [...]
I’m a Santa Monica commercial real estate agent and have a client need for 800 to 1,200 square feet of net leased retail space for restaurant use in downtown Santa Monica, the village in [...]
New California geological maps released last week show that several new Hollywood commercial real estate developments are within the 500′ fault zone if not right on top of the fault line. [...]
The Los Angeles / long beach area added more real estate construction jobs than any other metro in the country with the exception of Atlanta. The 8% increase places Los Angeles mid pack in [...]
The Columbus based pizza chain, Pies and Pints, has leased 4,500 square feet of Columbus commercial retail real estate at 1024 N High in the Short North. The Short North was on the wish list for [...]
A 12 story mixed use Columbus, Capital South development scheduled for ground breaking Monday. Actually, given the weather forecast for Monday, ground breaking may have to be delayed for a few [...]
It’s that time of the year again when everyone and their mother posts their yearend review for 2013 and/or forecast for next year, 2014. I’m not going to do that, but instead linked [...]
Columbus commercial real estate developer Casto and Columbus residential developer M & I Homes have teamed up to build a mix use development in one of Westerville’s most historic areas [...]
According to Central Ohio Information Exchange (COCIE), Columbus and Central Ohio retail vacancies are falling due to little new supply coming on line and much heavier leasing activity over the [...]
First is Berkley House at Bethel Road and Riverside Drive. Westerville Developer, Preferred Living, has announced a 256 multifamily unit four story apartment complex to built on a 9.7 acre [...]
I have a Santa Monica commercial real estate client need for a small 600 – 1,000 square foot ground floor space. Better yet, if it was a formerly a frozen yogurt, ice cream or smoothie [...]
It appears that there will be additional Westerville commercial real estate for sale or lease in a track between Alum Creek and Cleveland, just north of the Westerville St Ann’s hospital, [...]
Former K-Mart sight will be redeveloped by Taylor House LLC into a 325 unit apartment complex. Taylor House LLC, an affiliate of Preferred Living based in Westerville bought the 11 acre site in [...]
As interest rates climb just a bit and cap rates are at what’s likely to be a cycle low, I’m seeing more new or newer developer owned, single tenant, triple net retail or absolute [...]
David Harrison, CSCC president, unveiled big plans to a group of 150 Columbus area government and civic leaders this morning detailing a massive rebuilding of the campus, which would hugely [...]
I get a bunch of calls from proprietors starting a new concept and looking for a new space to lease or investment buyers looking for triple net retail leased properties to purchase so I thought [...]