Mike Mullen, Surterre Properties in Newport Beach, California. There has been a recent surge in media attention to an announced settlement regarding how a buyer’s agent may get compensated in a residential real estate transaction. The National Association of...
Comparing the Delaware Statutory Trust (DST) and Real Estate Investment Trust (REIT)
Investors looking to invest in real estate without holding direct ownership in a specific property often seek out either Delaware Statutory Trusts (DSTs) or Real Estate Investment Trusts (REITs). Both (DSTs) and (REITs) function as vehicles for investors to access a...
Crafting an Effective Selling Memo
A comprehensive written overview of your business is essential for any potential sale. The selling memo acts as the introduction of your business to potential buyers, shaping their perception from the outset. It provides factual insights about your business while...
What is Boot?
In tax terminology, boot refers to any property or cash received by the taxpayer that is not of a "like-kind" to the property being exchanged in an IRC 1031 exchange. This non-like-kind property can take various forms, including cash, relief of debt, personal...
The Indispensability of Risk
This week we have a memo from Howard Marks of Oaktree Capital written to Oaktree clients on The Indispensability of Risk Oftentimes, we’re best able to understand something we’re interested in through analogies that clarify the matter by establishing connections...
Where Are We Now? A Residential Real Estate Market Update
Today in the news there is constant babble about what is going on with regard to mortgage interest rates and their effect on the home selling market in California. While every potential buyer and seller is anxiously awaiting the hoped for decline in the federal funds...