How to do a Property Title Search for Your Commercial Property
Buying a property is a significant commitment of time and financial resources. That’s why a property title search is important.
Tag: Taxes
Mortgage Escrow Account: How to Properly Set It Up
Recording your escrow and mortgage incorrectly creates a series of issues for you as the owner, all of which are significant.
How to Set Up a Chart of Accounts For a Real Estate Company
In the Setting up a Chart of Accounts for your Real Estate Management Company blog, we talked high level about setting up a Chart of Accounts for a real estate company. This time we are taking it one step further and we are walking you through the process, step by step for QuickBooks desktop. You […]
Don’t Miss Items with Common Area Maintenance During Due Diligence
Once you have identified a commercial real estate asset to purchase, the due diligence period begins. Verification begins with everything, including taxes, insurance, and common area maintenance (CAM). During the due diligence period, you have a set amount of time to complete any investigations planned. Use this time wisely and leave no stone unturned. You […]
What is the Impact of Eliminating the 1031 Exchange?
As the topic of tax overhaul comes up on Capitol Hill, another subject is bound to rear its head. That topic is the elimination of the 1031 exchange.