lacey commercial real estate: IRS Tax Relief and 1031 Exchange Update - 12/13/07 01:50 PM
Due to the flooding  throughout Washington State, the IRS has updated their 1031 exchange deadlines for qualified candidates.
Please see the information on the IRS website for more information, here is a portion of those affected by the flooding in Washington.  Other areas also are candidates for this delay including Oregon, and areas in California affected by the wildfires.
Here are the details for the disaster area in Washington. 
The disaster area consists of Grays Harbor and Lewis counties.
Deadlines for affected taxpayers to file returns, pay taxes and perform other time-sensitive acts falling on or after Dec. 1, 2007, and … (0 comments)

lacey commercial real estate: Is commercial real estate in danger of the credit crunch? - 11/20/07 03:56 AM
Depends on who you ask is the simple answer.  Many commercial analytics are showing a property decline in parts of the country, although others are showing a general increase.  No matter who you ask the answer could be different depending on how they evaluate their data.  Apartments have decreased, Retail property has increased, Industrial sites have increased, Raw Land has decreased - but some raw land is classified residential in some studies even if it is development land for subdivisions.
The value of commercial real estate as a whole, which nearly doubled in the past seven years, is now starting to decline … (0 comments)

lacey commercial real estate: Are you ready to negotiate your commercial lease? - 11/19/07 02:22 AM
Various types of leases exist - completely understanding the differences between NNN leases and a gross lease can be extremely important. NNN Leases - true passivity for the Investor will help to explain a portion of the NNN lease.  Once you understand the type of lease you are putting together then you must put together a few other pertinent details.
Prior to negotiating the terms of a lease, outline thoroughly provisions that would promote your business. Before entering into a binding contract, decide the term of the lease;
A short term lease yields flexibility and more leeway to change your demands after a given period. … (0 comments)

lacey commercial real estate: What is a TIC investment property? - 11/15/07 08:06 AM
Tenant-in-Common real estate investments offer investors the opportunity to share in the ownership of large properties such as shopping malls, office buildings, and housing developments, as well as multi-million dollar industrial complexes. This investment structure is designed to allow you to invest in institutional quality real estate without having to buy the entire property. Differing goals can be accomplished by using this method such as a steady stream of income or aggressive appreciation depending on the product.
According to IRS guidelines, no more than 35 investors may take part in a TIC property. TIC investors have a fractional deeded interest in a … (5 comments)

lacey commercial real estate: Commercial Investing Simplified with a NNN Lease - 11/14/07 02:36 AM
A triple net lease, sometimes called a net-net-net or an NNN, is an agreement where the lessee agrees to pay a net rent and a series of other fees for the right to use a piece of real estate for an extended period of time. In addition to a monthly rental fee, the lessee agrees to pay all taxes, insurance, and costs associated with repairs also known as common area maintenance. Many large national retail chains participate in triple net lease agreements in order to avoid making large capital investments. These companies prefer to keep funds liquid for other investments. A … (0 comments)




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