A 1031 tax-deferred exchange is a method allowed by Internal Revenue Code (IRC) §1031, whereby an owner of certain investment or business property may defer paying capital gains taxes on the sale of such property if the owner acquires “like kind” property within a certain period
Appraisers and the appraisal profession have typically operated in crisis or near-crisis conditions. The profession emerged from the Great Depression (that’s the one in the 1930s) and has survived numerous other “bad times,” such as the Savings and Loan Meltdown and subsequent commercial
As the city of Boston slowly shakes off the remnants of winter, a sense of renewal begins to emerge. While the sidewalks may still bear the traces of snow and the trees remain bare, the promise of warmer weather brings a collective sigh of relief to the building industry. Construction teams can finally
In the realm of building maintenance, advancements in LED technology are proving to be transformative, extending far beyond simple illumination. In this
Ask the Electrician column, we’ll discuss how LED fixtures streamline building maintenance and even enhance indoor air quality, exploring
When asked if I would provide a Spring Preview for 2025, I reviewed my notes and I determined that this is the seventh year in a row that I have contributed my thoughts to this same issue. There have not been a lot of changes and for instance the first paragraph of last year’s article:
One of the best ways to gauge what is happening in the real estate market is to listen to the people reaching out to you with their ideas and challenges. Because of Prescott’s focus on Industrial Outdoor Storage (IOS), we often receive calls from investors both domestic and foreign looking to buy IOS properties
In the fast-paced and ever-evolving world of commercial real estate, businesses and investors encounter a range of challenges – from navigating property searches to negotiating sales transactions and leases. Finding the right office, retail, or industrial space, or identifying a strong investment opportunity,
In the beginning, we ate because our bodies needed nourishment. Our Creator, with a sense of humor, built into our existence the need to eat in order to function. At some point, eating became a family thing where a man would bond with a woman, and it became his responsibility
The Rhode Island commercial real estate market has remained steady, maintaining consistent activity despite fluctuations at the national level. While economic conditions have shifted, the state’s market continues to demonstrate resilience. The office sector remains stable but stagnant,
As we move into the second quarter of 2025, the Rhode Island industrial real estate market shows continued signs of stability, steady growth and relatively low vacant rates in the 3% to 4% range for “modern” industrial buildings, as compared with a national average which ranges from
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