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Investing in a commercial property can be lucrative but it's a decision that requires thorough analysis and strategic thinking. A hasty or uninformed choice may result in costly missteps, which can hinder your success. Every investment property has its unique...
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,...
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...