Imagine that two or more individuals decide to combine their resources and invest in real estate. This is the essence of a real estate partnership, a legal entity that is created to finance projects, ...
In my experience within the real estate industry, a fundamental lesson stands out: the power of partnerships. These collaborations represent opportunities to combine expertise, share resources and, ...
Any veteran real estate leader understands the balancing act running a team. You’re essentially responsible for scaling gross commission income (GCI) for everyone. You must do this while maintaining a ...
Real estate can be a stable and lucrative asset class. Yet, the process of acquiring, managing and selling properties could also be overwhelming for individual investors. This is where real estate ...
Real estate partnerships are difficult assets for estate planning. Many of these partnerships previously took advantage of low interest rates and appreciation in the value of their properties to ...
When debt is cancelled or discharged, the borrowed funds become taxable income, or cancellation of debt income (CODI). Some exceptions, such as bankruptcy and insolvency, apply but reduce other ...