Commercial Real Estate Investment

11/11/2024

Global investors are watching carefully to see if U.S. economic policy stokes inflation, leading to higher interest rates.

10/10/2024

‘Everyone is in a competition for workers right now. I’ve never seen anything like this in my career,’ NECA Director of Workforce Development Paul Flynn said.

09/18/2024

The central bank ‘has gained greater confidence that inflation is moving sustainably toward 2 percent,’ policymakers stated.

08/06/2024

In a 1031 tax-deferred exchange, the IRS requires that the property be held for investment purposes, but the exact holding period is not clearly defined in the Internal Revenue Code (IRC) or Treasury Regulations. Instead, case law and IRS rulings provide some guidance:

Short Holding Periods: The IRS has consistently ruled that properties acquired shortly before an attempted exchange are viewed as being purchased primarily for resale rather than for investment. Relevant rulings include:

Revenue Ruling 84-121
Revenue Ruling 77-337
Revenue Ruling 57-244
Immediate Disposal of Replacement Property: If the replacement property is sold immediately after the exchange, it will not be considered held for a qualified purpose under IRC Section 1031. This principle is supported by:

Revenue Ruling 75-292
Court Decisions: While courts have been somewhat lenient regarding how long a taxpayer must hold a relinquished property to demonstrate investment intent, they generally align with the IRS in disqualifying exchanges when the replacement property is quickly sold. Notable cases include:

124 Front Street Inc. v. Commissioner, 65 T.C. 6 (1975)
Black v. C.I.R., 35 T.C. 90 (1960)
Although there is no specific holding period stipulated, the general consensus from these rulings and cases suggests that holding a property for at least one to two years can be more defensible as demonstrating investment intent. This duration is often recommended by tax professionals to avoid challenges from the IRS.

07/09/2024

The gap between demand and supply is narrowing.

04/23/2024

The amended plan adds 166 stores to those being sold in bid to win approval for the supermarket giants' $25 billion merger.

04/11/2024

The greenhouse gas emissions rule would force transportation departments to measure their transportation-related emissions and set reduction targets.

02/13/2024

What do you think?

Beacon Economics Sets the Record Straight on the UCR Business Center Controversy By Ken Alan, Forensic Business Journalist A series of articles reported by the Los Angeles Times in February and April stated some University of California faculty members were “Raising the alarm about a research cent...

08/31/2023

05/18/2023

Market conditions are ripe for a wave of distressed assets. Before taking title to a distressed asset, opportunistic buyers or foreclosing lenders should be aware of —and prepared for—the unique risks and challenges associated with these properties.

05/05/2023

But February and March were revised down a total of 149,000, taking some of the wind out of the forward drive.

05/02/2023

Ninth Circuit cites 1975 law, sides with California restaurant owners.