Attached is a copy of the Final Statement of Reasons prepared by the California Energy Commission. I’ve highlighted sections in this document that make it clear that no tenant consents are needed by the utilities before they can upload building utility use information. See pages 15-18, 20 and 27.
The Obama administration revealed their proposed modification to “like-kind” exchange rules for real property affecting 1031 Exchanges possibly in 2015. The want to limit the amount of capital gain deferred under section 1031 from the exchange of real property to $1,000,000 per taxpayer per year.
Not good news for the real estate industry. Write your Congressman and encourage them to vote NO! Get the word out!
The Federal Reserve, Interest Rates, and 2015 Budget Proposal Possibly Affecting 1031 1031 Exchange Tax Proposal For 2015
The EB-5 program that grants green cards to immigrant investors/owners who establish companies and JOBS in the U. S. was set to expire in September 2014, but now the program was made permanent. Here is an article from Ballard Shahr a Law Firm.
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COMMERCIAL PROPERTY MANAGER
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