If a person inherits a Commercial property through a WILL and sells it after 1 year are you taxed on the money? What is the tax rate if yes? I know that if you own a house and sell it you are taxed on that money unless you buy another house. Does that hold true for commercial property and property inherited through a will?
Posts Tagged ‘Commercial’
NAI Harcourts Enters Commercial Property Market
July 18th, 2010NAI Harcourts Enters Commercial Property Market
In the most significant development in the Australasian commercial property market in many years NAI Harcourts officially entered the New Zealand market this week, with its introduction to Australia set to follow soon.
Is it legal to live in commercial property?
July 13th, 2010Is it legal to live in commercial property that you are renting? How about if you own it?
Commercial Property- Part Three – What Investors Want
July 8th, 2010
Private Placements Group presents Richard Freiman CFP, CPA, EVP, a Certified Planner from JB Handauer & Company. Mr. Freiman discusses a variety of real estate issues relevant to syndicators including entities, insurance, risk management, financing, taxes, ROI and many other issues. Disclaimer: this information is not investment advice. No one is a client of JB Handauer & Company. Mr. Freiman speaks for himself personally and not for JB Handauer & Company in the context of this presentation. Please call Private Placements Group directly at 512-658-7850 for more information or email: rsorrentino@privateplacementsgroup.com
Could Student Accommodation be the Answer for Commercial Property Investors?
July 3rd, 2010The global credit crisis continues to affect investment into the commercial properties sector. Commercial property returns over the last twelve month period are looking to be close to the worst twelve month real return on record which occurred in 1974. RICS are predicting that over the next two years things are going to get even worse with the decline in capital values far outstripping the slumps of the 70’s and 90’s.
Investors are pulling out of commercial property fast and in doing so are leaving a very much tenant driven market behind. These are unstable economic times and tenants are looking to landlords to help them out with their commercial property lease agreements. As a result landlords are offering better value inducements, incentives, lettings agreements and rents than ever before in order to ensure their buildings do not become empty.
Despite the huge downturn in commercial property investment there are still some areas within the commercial real estate sector that are deemed viable investments. Student accommodation investors are still hoping for a successful new year and are counting on the fact that in times of recession many people put off entering an uninviting job market that is often only looking for experienced employees and look instead to improve their long-term professional prospects through training, qualifications and academic achievement. This combined with the fact that there is a shortfall in modern halls of residence and you get a potentially great investment formula in spite of the recession. Many commercial buildings are emptying fast, already standing vacant or are nowhere near full occupancy however, this formula is likely to mean that any commercial property investment into student accommodation is likely to see almost full occupancy even if some of the students drop out, which inevitably happens every year with a small percentage.
M25 Commercial Property Lettings Market Goes Against Norm
June 27th, 2010Despite the continuous decline in the UK economic climate the M25 office market enjoyed an increase in commercial property lettings for the last quarter of 2008, according to Knight Frank’s latest report. Commercial properties lettings increased by 10% in the third quarter for the M25 region and 9% in the M3 corridor. However, the M4 market experienced a decline in their final quarter, and was 13% down from their previous quarter’s figures.The credit crunch has effectively turned the commercial property lettings business into a buyer led market, therefore this upturn is a welcome surprise for commercial property owners in the M25 region. Availability and supply of commercial property offices within these areas has decreased over the last six years therefore landlords are not experiencing the same pressures as other commercial property owners who are operating in these increasingly buyer led markets. There are still areas within the M25 region where oversupply is prominent however, and towns such as Bracknell where availability of retail commercial property is high are likely to experience the same downturns and economic pressures as the rest of the UKLandlords throughout the UK are having to provide increasing incentives, inducements and discounted rental rates in order to survive the current downturn in commercial property sales. Things are unlikely to improve over the next year and a half and the economic situation is likely to put further pressure on landlords and commercial property owners with tenants likely to see further offers available to them over this time period. Overall throughout the UK the office take-up market has declined with areas such as Bristol seeing new commercial property lettings figures fall to below their five year average. The London areas worst affected by the office lettings downturn are those where businesses operating within the financial services and hedge fund industries are especially prominent. The high profitability of these two sectors over recent years meant that lettings were more location than rent led, with businesses happy to pay over the odds for the right location. However, the increasing pressures that these industry areas are now experiencing means that many offices in prominent financial areas throughout London are being left either vacant or commercial property landlords have provided decreased rent rates and further incentives in order to keep their buildings occupancy rates up.
Moody’s: Commercial real estate prices up in April
June 22nd, 2010Moody’s: Commercial real estate prices up in April
Commercial real estate prices rose in April, the first monthly increase since January, according to a report issued Monday by Moody’s Investors Services.
Commercial Property – Zafiro Apartments – Lima, Peru
June 17th, 2010
With a Millionaire Mindset you can agree that opportunity is all around you! We meet people of all types everyday, sometimes a simple referral can turn life in another direction. Please consider this opportunity to turn happenstance into happily ever after . . . Consider this: This is NOT a solicitation for securities but a goodwill topline offering to increase your bottomline profit by learning about Global Emerging Markets in TODAY’S ECONOMY. Don’t be fooled by false offers! Do you know individual accredited or institutional investors or would you consider investing private equity in secured US corporate loans offering double preferred ROI superior to bond, traditional stock and fund investments? Go to: www.privateplacementsgroup.com to learn more or call direct 512-658-7850 . . .
Searching a Commercial Property in India?
June 11th, 2010Foreign buyers are getting immensely attracted towards the purchase of commercial property in India. India has seen an amazing amount of spurt in the growth of commercial property in the recent years with enhanced industrial growth. India is following the global trend of a heightened industrialization. There has also been an increase in the world demand for commercial properties due to globalization which makes it easy to set up industries anywhere in the world. There has also been an increase in the commercial property investment due to the income stability in this sector as compared to the stock market. A large number of foreign commercial investors are bringing huge bucks with them in this country for investment in commercial property.
Finding a lucrative commercial property in India has to be done keeping the cost and the legalities involved. It is very important to buy commercial property from legalized brokers and developers. You will have to make sure that you are getting ownership of important documents like Title Ownership Documents. You should also ensure that you are getting a stamp duty on the property from a local court that you are purchasing.
For this it is very necessary that your seller possesses documents like Agreement to Sell Conveyance Deed, Gift Deed, Exchange of Property, Power of Attorney, Partition Deed and Lease Transfer. With the help of an online real estate consultant, you can easily locate a commercial property according to your needs and budgets in the most desirable locations. You can easily buy a commercial building in the industrial areas of Noida, Greater Noida, Ghaziabad, Gurgaon, Mohali, Delhi, Faridabad, Mohan Nagar, Panchkula and Ludhiana. You get an amazing opportunity to easily find a commercial property in these places with facilities like fully-equipped multistoried commercial buildings built by the most advanced builders. These commercial properties are built in areas that are equipped with great amenities like elevators, escalators, 100% power backup, two screens multiplexes, high tech security with centrally monitored offices with webcams and personal security guards, advanced firefighting systems and centrally air-conditioned offices.
All these commercial properties are located in townships developed especially for the purpose of industrial development by the government. They are also located in the vicinity of the Highways to facilitate commutation by the users. These commercial properties can be easily located with the help of an online real estate consultant and you are also ensured a timely possession.
What are your top resources to find funding for commercial property if you’re a woman or minority ?
June 6th, 2010Looking in the neighborhood of 750k – 1.5 million dollars… Assuming the only thing you have to liquidate any assets from would be the home and 401k what are other options where this level of funding could be acquired (DO NOT INCLUDE credit cards or venture capitalists in your responses) ?
I need answers that speak towards women and minorities seeking loans to acquire commercial property.
Thanks!
