BUSINESS EXCHANGE: If a owner of a business seeks to dispose of the business, doing so in Section 1031 exchange can result in significant tax savings.  The business owner may want to dispose of one business in one metropolitan market in order to focus on another metropolitan market.  Business types that may be eligible for 1031 exchange are; distributorships and franchises, including cable televisions, beer distributorships, restaurant franchises, gas station franchises, laundry franchises, and Professional services practices are just a few. The exchange must be broken down into individual exchanges by category of "like-kind" assets.  For example, the value of the office equipment relinquished must be matched against the value of the office equipment received.  Intangible asset are a ke... 04/10/2008

REVERSE EXCHANGE: The reverse exchange is a specialized exchange arising from a situation in which an exchanger must acquire the replacement property prior to selling their relinquished property.  Since it is impossible to exchange properties when you own both properties at the same time, a reverse exchange is required if the replacement (purchase) property escrow must close before the relinquished (sale) property escrow closes. Types of Reverse Exchange Transactions Type A:            The Intermediary assigns into the purchase contract and takes title to the replacement property.  The exchanger has 180 days from close of escrow on the replacement property to sell the relinquished property in order to complete the exchange. Type B:            The Intermediary takes title to the relinqui... 04/10/2008

DELAYED EXCHANGE: As an investor in real estate, you understand how important it is to preserve your wealth and assets.  If your investment property has appreciated in value or you have depreciated the property, a sale would require the payment of tax on the capital gain of up to 30% or more (combined federal and state).  However, if you were to exchange your property utilizing the benefits of IRC Section 1031, you can defer the tax on the gain, allowing reinvestment of all your equity. The 1031 Tax Deferred exchange offers great flexibility to the investor.  You may exchange one property for several others; consolidate several properties into one, eliminate or create joint property ownership, and exchange into property anywhere within the United States.  Under this Internal Revenue Cod... 04/10/2008

Okay you must buy these through me I want to represent the buyers on this one.Run, do not walk to the following website.www.cathedral-building.comFloors 7-14 are being turned into 1 unit per floor NEW YORK STYLE units.  The view Down Broadway would have to be nothing less than spectacular.  Floor 7 features windows all the way out to the gore point of the building.  Floor 8 features a roof top deck over floor 7's gore point debut.  Floor 14 features a mezzanine level and then a roof top deck on top of the entire building.This is a National Register of Historic Places landmark building.Here is a photo I took a while ago.  04/08/2008

Federal Realty BuildingYear Built 1914Oakland, CaliforniaTelegraph Avenue and BroadwayA local landmark.  Like the Flatiron Building in New York City, the Federal Realty Building is a triangular shaped building located at a Gore point of two of the major roads in Downtown Oakland Broadway and Telegraph Avenue. Along the left side of the building is Telegraph Avenue which runs from this spot in Downtown Oakland and ends at the Famous Souther Gate at the U.C. Berkeley Campus.   Along the right side of the building is Broadway which starts at Oakland's Jack London Square and ends in the Oakland hills near the Caldecott Tunnel 12/06/2007

Two Oakland High Profile core downtown hotels bought by a L.A. Investment group. CIM Group( which specializes in Urban areas such as San Diego, San Jose and Los Angeles) paid 66 Million for the Courtyard Hotel and for the downtonw Oakland Marriot Hotel. Major upgrades and new retail outlets are expected in the vicinity of the hotels. Here are the reasons cited by the investors: 1) They see the potential for Downtown Oakland 2)  They have a good feeling about what's happening in Oakland 3)  There is untapped potential in Oakland 4) Business Leaders in Oakland welcome their presence 5) Market Analysis looks favorable on what other developers have done downtown 6) Very few new hotels are being built in the Oakland area which supports these two major hotels as focal points in downtown Oakla... 08/07/2007

Here are some things to keep in mind when you buy condos and lofts in California. The marketing agent in many condominiums represent the fiduciary interest of the Seller. It's important for you to have an agent which represents your interests at the negotiation phase. And this phase starts surprisingly at the first visit as the marketing agent begins qualifying you and determining your needs. I think this is one of the most important reasons you need an agent with you on the first visit. You never know if the place you see will be the eventual living space you settle upon. If you find a place you like your emotional attachment can keep you from focusing objectively on the important purchasing facts. To maximize the use of your agent for go sees; first,  find the location you like ; cond... 07/31/2007