With a depressed housing market and historically low interest rates increasing numbers of individuals are purchasing residential real estate for investment rental purposes. In fact, earlier this week Warren Buffett identified single family housing as one of the most attractive current investment opportunities. However if certain precautions are not taken, investors often findGo to Resource
Category: Real Estate
New landlord tenant legislation has been introduced in the Colorado legislature in the form of Senate Bill 12-070. The legislation proposes to enact the Uniform Residential Landlord and Tenant Act and includes provisions concerning: Disclosure obligations of landlords. Reduced time frames in which a landlord must return a security deposit. The effect ofGo to Resource
Property owners commonly form limited liability companies (“LLCs”) for the purpose of developing, holding, or leasing investment or commercial properties. LLCs are used as the entity of choice due to their flexibility, ease of formation, and tax treatment. The thought behind holding the property in the name of the LLC, rather than inGo to Resource
An IRS 1031 exchange is a provision in the Internal Revenue Code that allows the owner of investment real estate to sell that property and to use the proceeds of the sale to purchase another investment property without paying capital gains taxes. There are specific requirements that must be followed for an investmentGo to Resource
The Supreme Court of Colorado recently held a shopping mall tenant responsible for a slip and fall accident that occurred on ice in the shopping center’s parking lot. In Constable v. Northglenn, LLC, 248 P.3d 714 (Colo. 2011), the Court sided with the landlord /wner of the shopping mall and found that anGo to Resource