Real Estate Taxation
Capitalize, Amortize or Deduct – Adjusting for a New Recipe (263(a))
To view this presentation on capitalization, amortization, and deduction of real estate improvements offline, click here to download ...
Capitalization Regulations – To Infinity and Beyond!
To view this presentation on capitalization regulations offline, click here to download a PowerPoint copy. Capitalization Regulations to ...
Honey, I Forgot About the Income Tax!
For an offline copy of this presentation on income tax considerations in estate planning, click here to download ...
Clarifying Standards for Trade or Business Real Estate Debt
In this article, Johnson and Harmon argue that real estate lessors, developers, and dealers who realize cancellation of ...
CCP 580e Gives Rise to Non-recourse Treatment of Discharged Debt
In response to a letter Senator Boxer sent to the Internal Revenue Service (the “Service”) last year, requesting ...
Bifurcation of Properties
To view this presentation on bifurcation of properties offline, click here to download a PowerPoint copy. Bifurcation of ...
Modifying an Option Agreement? It May Be Considered a New Agreement for Tax Purposes.
PAYMENTS RECEIVED UNDER OPTION AGREEMENT ARE NOT TAXED UNTIL EXERCISE OR LAPSE “An option is a contract which ...
Owning Your Home – Options for Title and Succession Issues
To view this presentation on issues related to holding title on properties and succession concerns, click here to ...
Home Mortgage Forgiveness in California and Related Income Tax Consequences
This article addresses the tax consequences arising from the relief or cancellation of debt (“Mortgage Relief”) arising from ...
How to Reduce Your Property Tax Bill – Part 2
Last month, we explored the basics of how counties determine the base-year value and the assessed value under ...
How to Reduce Your Property Tax Bill – Part 1
Property Tax Reductions For a number of rental property owners, there may be an opportunity to request a ...
Commercial Foreclosures—The Effect on Existing Leases
A question tenants and lenders frequently ask is whether the lender’s foreclosure will affect the enforcement of a ...
The Property Tax Deduction Problem
This post addresses the confusion caused by the Franchise Tax Board's (“FTB”) decision to limit property tax deductions. ...
Update on Commercial Loans – September 26, 2011
As we have been active in working with property owners on loans the past several months, the following ...
Late 2011 Real Estate Expectations From a Personal View
As a real estate attorney, I cannot help but consolidate a few thoughts about 2011. First, for any ...
Bankruptcy Fundamentals and Residential Mortgage Default Issues
Types of Insolvency Proceedings Assignments for the Benefit of Creditors. Common law provides that a debtor can make ...
Tax & Issues Related to Distressed Properties in the New Millennium
The California’s real estate market is troubled by a number of factors including: Depressed residential and commercial real ...
CHOOSE A LEGAL PARTNER THAT'S COMMITTED TO YOUR SUCCESS.
To find out how we can help you through the complexities of today’s legal issues, call (916) 920-5286 or click below.