If you’re a real estate investor in California, you may have considered a 1031 exchange to defer capital gains taxes when selling your property. But have you thought about doing a 1031 exchange out of California and into Texas? Here are some pros and cons to consider. Pros: No state income tax in Texas One
Investing in commercial real estate is a back-breaking procedure, requiring a great deal of research before even signing a dotted line. Finalizing residential and commercial properties are two different corners of a string. Commercial real estate property is utilized for offices, data centers, warehouses, and retail spaces. Location is always a critical factor in this,
Commercial real estate goes by many names, like commercial property, investment property, or income property, but they all carry the same meaning. Commercial real estate generates profit from rental income or capital gains. It is possible to invest in commercial real estate in a variety of ways. Whether it’s an office building, a duplex, a
Commercial Real Estate in Burbank California is looking like it never has. The area known as a mecca for the entertainment conglomerates in the world due to its history and distance to Hollywood, Studio City and other entertainment friendly towns. Currently, Disney & Warner Brothers call Burbank their corporate home. According to the Burbank Chamber
If you own multi-family in California your property is most likely going to be rent-controlled effective January 1st, 2020. Areas that already had rent control laws in place (City of Los Angeles, West Hollywood, Santa Monica, Beverly Hills) already have rent control laws in place, so they are not subject to this new ordinance. The
The annual Forbes Billionaires List speaks volumes about the movement and concentration of wealth across industries and geographies. The list includes two US-based self-made real estate billionaires added in 2015 and two added last year. How did these new members of the billionaires club make their money? What lessons can you glean from their success
*Synced from the Seattle and Real Estate blog Seattle, known as a progressive leader in information and technology, houses established companies and growing start-ups alike. As Amazon expands, Facebook moves in, and numerous start-ups take up stake in Seattle’s burgeoning technology hub, it is evident the commercial real estate industry, a sector some would say
As we round out 2014 with a slew of predictions about entrepreneurial innovation in the year to come, there’s one industry that’s virtually always overlooked in these discussions– commercial real estate. Nevertheless, mark my words. This industry is on the brink of disruption. Though one of the oldest industries in the United States, commercial real
You don’t need to be an Astor, a Rockefeller or a Trump to own a piece of New York City real estate. Everyday New Yorkers are grabbing stakes in massive Manhattan skyscrapers, thanks to a wave of new crowd-funding initiatives that match small-time investors with big real estate projects. Call it Kickstarter for commercial real
More than 30 years ago, officials promised that Los Angeles’ first modern subway would cut through the congested and heavily populated Wilshire Corridor connecting downtown to the city’s coastal suburbs. Now, after decades of delay over safety and environmental concerns, court battles and congressional debate, construction is finally beginning on the first phase of what