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After careful consideration, you decide to pursue a new way to diversify your assets. You want to invest in commercial real estate. Although you are an experienced investor, you are a novice when it comes to investing in commercial properties such as office buildings,...
For many people, the process of buying and selling commercial real estate represents a confusing, intimidating business challenge. From avoiding restrictive provisions in a buy-sell agreement to uncovering zoning and land use issues, these transactions demand a...
In May of 2019, Governor Jay Inslee signed Senate Bill 5998, which will result in a graduated tiered scale for real estate excise taxes (“REET”) that will replace the previous flat state REET tax of 1.28%. The following tiered structure takes effect on January 1,...
For Washington and Oregon As long as the transaction doesn’t involve bank financing, law firms with real estate experience and licensed Limited Practice Officers (LPO) can close real estate transactions. Approximately one year ago... The title companies around the...
With the housing market booming and the economy picking up speed, we are seeing a resurgence in 1031 exchanges. A 1031 exchange allows you (the “exchangor”) to defer paying taxes on investment property when it is sold, so long as those proceeds are reinvested into...