Commercial Real Estate
How Did Richmond Become the Epicenter of Grocery Wars?
It seems as if every week there is an announcement of the opening or expansion of yet another grocery store in the Richmond metropolitan area.
Continue ReadingWhy Detail is Important in a Letter of Intent for a Commercial Lease
LOIs are typically non-binding and set out the basic terms that will be contained in a lease document once the parties agree to the contents.
Continue ReadingUp in Smoke?
Can your tenant negligently start a fire in the leased premises and walk away without liability?
Continue ReadingAvoiding Dealer Taint for Real Estate
Legitimate reasons compel a real estate holder to isolate his properties in separate LLCs.
Continue ReadingBasics of a Section 1031 Tax-Deferred Exchange Transaction
The ultimate goal of any Section 1031 Tax-Deferred Exchange Transaction is to avoid capital gains taxes on the sale of the taxpayer's real property.
Continue ReadingWashington Has Launched Attack on Section 1031 Tax-Deferred Exchange Transactions
Recently, the House, the Senate, and the President have each proposed to limit or terminate application of Section 1031 of the Internal Revenue Code.
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