By MarksNelson on August 2, 2017If your company owns real property, or you do so individually, you may not always be able to dispose of it as quickly as you’d like. One avenue for perhaps finding a buyer a little sooner is an installment sale.
By MarksNelson on June 7, 2017Is your Low Income Housing Tax Credit (LIHTC) project approaching year 15 of its compliance period? Most year 15 planning starts before the project is in service, during the structuring and drafting of project agreements. However, a lot can happen in 15 years and partnerships should assess exit strategies that are available for them now and throughout the life of the project.
By MarksNelson on April 3, 2017Capitalization rates are a critical component when real estate investors are comparing different investment opportunities. Unfortunately, cap rates are often misunderstood and improperly derived, which can affect the accuracy of a property valuation.
By MarksNelson on April 2, 2017Monthly rental payments made by a lessee obviously constitute taxable rental income. But rental income can encompass other types of payments, too. If lessors aren’t careful, they could end up on the hook for more tax liability than expected, as well as significant penalties.
By MarksNelson on January 30, 2017Industrial, office, multifamily—nearly all sectors of the Kansas City commercial real estate market continued to soar last year. Will the industry remain strong in 2017? How will President Donald Trump and newly elected federal and state legislators affect taxes and incentives for developers and investors?
By MarksNelson on January 10, 2017The Washington City Council Tuesday approved an ordinance to enter into an agreement with an accounting firm to provide services in the application of a grant. The city entered into an agreement with MarksNelson, LLC, for $36,000 to provide grant administration in the application of a community development block grant (CDBG).
By MarksNelson on January 9, 2017Incentives being offered by governments in order to encourage private sector development and economic activity is nothing new. Just think about the extensive use of land grants in the early development of the United States.
By MarksNelson on November 22, 2016Non-recourse financing is an option typically used for longer-term, permanent commercial real estate loans by developers and investors. Like many borrowers, you may be drawn to them because the arrangements can shield you from personal liability. But non-recourse loans don’t provide protection in all cases. “Carveouts” in the loan documents can saddle you with full liability if violated. However, you may be able to minimize risk through savvy negotiating.
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The team at MarksNelson believes that the smallest point can be just as important as your biggest line item. Our goal is to deliver a quality product, prepared with great attention to detail and accuracy. Whatever industry you are in.
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