When a business undertakes a real estate lease, they are often subject to paying a percentage rent. A percentage rent refers to the obligation to pay a landlord a percentage of income gained through the 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.
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.
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.