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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 Scott Harris, a Commercial Realtor licensed in both California and Ohio.  With Scioto Commercial Realty Group in Ohio and KW Commercial in California, representing full-service [...]

Commercial Real Estate Properties For Purchase, Sale or Lease.  Includes  triple net or modified gross, single and multiple tenant, retail, office and industrial commercial property.   Commercial [...]

1031 buyer in 45 day identification period.   Prefers single tenant. Must be S&P BBB- or better corporate lease, triple net retail.  Absolute net even better.  Prefers Santa Monica commercial [...]

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 [...]

Since I’m originally from Westerville Ohio, admittedly, many decades ago, I pay attention to local economic news.  I’ve seen Westerville grow from a little town of 2,500 or 3,000 [...]

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 [...]

True, this is a little off topic, but I post my videos every year for a few car events and the world’s biggest is the Woodward Dream Cruise held last weekend in the suburbs north of [...]

A U.S. Tax Court decision from earlier this year, Adams v. Commissioner, T.C. Memo 2013-7, illustrates the importance of the investor / tax payer receiving a fair market rent for their investment [...]

I continue to need  corporate leased, triple net retail c-stores such as 7-11, Circle K, Get Go (Giant Eagle) or Turkey Hill (Kroger).  Gas preferred on the triple net retail C-stores due to the [...]

According to CoStar News, sales of commercial real estate in the United States reached $64 billion last year, which is the highest since 2004 and increased 22 percent from 2011. The price gains [...]

This is review and reminder to a post earlier in the year. A 1031 exchanger must complete the acquisition of a replacement property in a 1031 exchange before midnight on the earlier of the 180th [...]

The IRS has issued Proposed Regulations, REG-130507-11, regarding the new 3.8% Medicare tax on net investment income imposed by IRS Section 1411. The proposed regulations affect individuals, [...]

What I have been experiencing over the last two or three quarters in regards to triple net or absolute net, single tenant retail seems to be reality according many in the industry, including Mark [...]

Single tenant, net leased retail has continued to gain strength as an asset class.  With an economy barely growing, one could wonder why is triple net and absolute net retail as strong as it is?  [...]

Buyer need – Corporate leased triple net c-store such as 7-11, Circle K, Walgreens or CVS with 8 years or more unexpired absolute net lease for 1031 SoCal buyer. Gas or without gas is fine [...]

The National Association of Realtors sums it up pretty well in the attached August 2012 Commercial Real Estate Outlook when they opine that the economy has gone on vacation.  That’s pretty [...]