Clients frequently ask their attorney to tell them what the law says about a situation. They view the attorney as little more than a translator from legalese into English. However, rarely is it adequate merely to change a law’s language to "plain English.” The attorney also needs to interpret the law’s intent and how it applies to the client’s circumstances.
Read MoreThe American Families Plan proposes ending the ability for investors to use Section 1031 to defer taxes on gains greater than $500,000. Business owners and real estate investors can take action now to minimize the tax impact of this and other proposed tax changes.
Read MoreThe American Families Plan would eliminate the stepped-up basis for many heirs.
Read MoreThe American Families Plan proposes the elimination of the long-term capital gains rate. If passed as proposed, these tax changes are likely to reduce transaction volume and shift real estate investment focus from long-term gains to short-term returns.
Read MoreAlthough the Securities and Exchange Commission's recent announcement that it will increase focus on ESG-related disclosures only applies to reporting companies, small businesses and private companies also can positively affect their communities and stakeholders with ESG initiatives.
Read MoreThe real estate investment strategy of doing successive Section 1031 exchanges and planning for a stepped up basis upon death may no longer be viable if the Biden tax plan becomes law.
Read MoreIn April the U.S. Department of Housing and Urban Development and other fair housing agencies and organizations commemorate the 53rd anniversary of the Fair Housing Act.
Read MoreIt sometimes was challenging for tenants to meet CDC eviction moratorium requirements, just as it can be challenging for landlords to pursue permissible evictions. Although the CDC eviction moratorium now has ended, this article’s guidance may also be applicable to state and local eviction moratoriums patterned after the CDC moratorium.
Read MoreCommercial real estate tenants should understand subordination, non-disturbance, and attornment agreements and how they affect their leases.
Read MoreNew SEC rules harmonize Rule 506(b) and Regulation A disclosure requirements and make it easier for issuers to include nonaccredited investors in their offerings.
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