WHAT YOU NEED TO CONSIDER WHEN GIFTING REAL ESTATE
What You Need To Consider When Gifting Real Estate When gifting real estate to beneficiaries, owners should understand the potential for post-gift legal disputes, the property tax implications, and the income tax consequences of the change in ownership. If the property is gifted during the owner’s lifetime, the owner must consider the major legal issues […]
The Gift Clock is Ticking
The Gift Clock is Ticking: Tax Changes to Expect in 2026 Federal tax laws are changing on January 1, 2026. What does this mean? It means the amount that you can give away without gift or estate tax will be cut in half. With that in mind, here’s what you need to know… CHANGES IN […]
Key Strategies Concerning Representations and Warranties in Commercial Real Estate Purchase Agreements
Key Strategies Concerning Representations and Warranties in Commercial Real Estate Purchase Agreements Representations and warranties are often the most heavily negotiated section of commercial real estate purchase agreements because of the parties’ competing objectives. Sellers typically seek to limit the nature and scope of any representations as much as possible, preferring that the buyer rely […]
Common Bankruptcy Strategies Employed By Delinquent Borrowers To Stave Off Foreclosure Proceedings — And How Loan Servicers Should Combat These Tactics
Common Bankruptcy Strategies Employed By Delinquent Borrowers To Stave Off Foreclosure Proceedings — And How Loan Servicers Should Combat These Tactics While loan servicers are typically willing to explore various foreclosure alternatives with respect to delinquent borrowers, often a foreclosure on collateral is the only realistic option available to the servicer. When faced with an […]
1031 Exchange of a Tenant-In-Common Interest
1031 Exchange of a Tenant-In-Common Interest Have an LLC membership interest in an entity that owns real property? If so, the need to structure your ownership is critical in being able to take advantage of a 1031 exchange. Generally when an interest in real property is sold a tax payer is required to pay taxes […]
