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Choosing commercial real estate that will benefit your business

A large part of any business' success is due to the environment from which it grew. This is true for almost any type of business, from fashion retail brands to digital start-ups. The choices that you make regarding commercial real estate, therefore, are not trivial decisions. They should be approached with careful thought and consideration.

It's so easy to get wrapped up into the idea of one space, and even the savviest business owners fall into the dangerous trap of impulsivity. In order to avoid this, you should try to have at least three viable options on the table before even starting the decision-making process.

Limited liability company operating agreements

If you are planning to invest in real estate, you will probably want to create a limited liability company (LLC). In order to do this with a lower personal risk associated with it, you will need to know more about how to set up an LLC. There are several steps involved in this, and one of the most important aspects is the process of setting up an operating agreement.

An LLC operating agreement is vital because it states the essential of how the business is set up. If it is done improperly or inaccurately, it can lead to significant issues for the owner of the LLC.

The benefits of a 1031 exchange

If you are a property investor, you will know that capital gains taxes are one of the biggest limitations to being able to reinvest and grow your portfolio. This is why it is important to fully understand how to benefit from tax exemptions, as this can have a huge effect on the way that you are able to make progress as an investor.

Many people have heard of 1031 exchanges but have been unsure about whether they are eligible to benefit. Tax exemptions can seem overwhelming and complex at first glance, and this can make it difficult to approach. But 1031 exchanges can present many benefits that make investing some time in understanding them worthwhile.

Choosing a commercial real estate lease

If you are a business owner and you are trying to secure commercial real estate, you will need to successfully negotiate a commercial real estate lease. Doing so wisely is crucial for the future of your business. Unfortunately, many businesses make the mistake of signing a commercial real estate lease without fully evaluating the terms. This can lead to costly problems in the future.

It's important that you pay special attention to the type of lease that you will be subject to and that you consider the length of the contract as well as the flexibility of the terms. If you are a growing business, you don't want to be locked into a space that will limit your potential.

Avoiding capital gains tax for your primary residence

When a person makes a significant financial gain through a property they have bought and then sold, they typically owe capital gains tax as a result. Short-term capital gains tax generally applies to property you have owned for more than a year and is subject to higher taxes since the profit made is essentially part of your annual income. If you have owned the property for more than a year, the profit made will be subject to lower tax rates.

It goes without saying the property owners want to find ways to legitimately avoid capital gains tax whenever it is possible. There are several options for real estate investors to successfully do this, but one of the most beneficial applies to your primary residence.

How not to make real estate investment mistakes

When you are engaging in real estate investments, you will want to make sure that you are personally protected for any unexpected circumstances. Even the most experienced real estate investors and property developers can experience a failed project due to unexpected market conditions and other circumstances.

It is important that you consider setting up Limited Liability Companies (LLCs) as investment vehicles so that you are personally protected from a negative outcome on your projects. The following are some key tips to help you to prevent real estate investment mistakes in Florida.

What should you know about investing in rental properties?

Gaining another source of income can seem appealing to many people. You may be considering buying and operating a rental property as a passive means of gaining income.

However, becoming a landlord and buying a rental property is a large undertaking and you may have many questions about the process. Here is what you need to know about buying rental properties and the finances that come along with them.

Avoiding issues in a 1031 exchange

Going through a 1031 exchange can be a great way to legitimately avoid being taxed when you sell one investment and buy another. This can have great financial benefits for real estate investors; however, it is vital that the terms are abided by in order to qualify.

Strictly speaking, you can only benefit from a 1031 exchange when you are buying and selling investment properties. Therefore, it cannot be applied to the primary family residence. However, in limited situations, it may be possible to benefit through a home that is sometimes used as a vacation residence. If you want to go through a 1031 exchange without an issue, it is a good idea to learn about some of the most common pitfalls.

Common questions about commercial real estate jargon

It can feel overwhelming when you start to navigate the world of commercial real estate. When negotiating leases, and reading through terms, you may not understand some of the words used. It's easy to overlook such details, but this is a dangerous thing to do because you may be missing some important information.

Therefore, it is a good idea for you to take the time to familiarize yourself with commercial real estate language so that you can be more confident and prepared when negotiating leases.

Understanding how escrow can assist real estate transactions

If you are interested in purchasing a home in the state of Florida, you will understand that it is no simple undertaking. Buying a home is likely going to be the biggest purchase you make in your life; therefore, it is important that you do it right.

Many people going through the real estate transaction process are confused by the role of escrow companies and how they help the buyer. It is important that you have a full understanding of all aspects of the real estate transaction before you go through it so that you can remain in control at all times.

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Hollywood, FL 33021

Phone: 954-962-8889
Fax: 954-966-6259
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