Commercial Lease Types

Submitted by Anonymous (not verified) on Thu, 02/06/2020 - 07:02

Entering into a commercial lease is rarely a straightforward process. There are many different factors that are subject to change throughout the leasing process. Understanding the different types of leases is one of the first steps you’ll need to take before entering into any contract.

The list below provides some general information about commercial leases. Other parameters and guidelines with relation to tenant costs versus landlord costs are subject to points outlined in the individual lease.

What is a 1031 Exchange?

Submitted by Anonymous (not verified) on Thu, 02/06/2020 - 07:02

A 1031 exchange, also called a like-kind exchange, is a transaction under United States law which specifies that if an asset such as land or a building is sold and the proceeds of the sale are then reinvested in a like kind asset, then no gain or loss is recognized. This allows the deferment of capital gains taxes.

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