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Taming Your Taxes 

While property taxes are one of the most significant expenses affecting a property's bottom line, many owners don't take advantage of available strategies to reduce them. Especially in a slow economy, market and property specific factors should be considered to

Smooth Sailing 

Long ago considered the domain of sunburned sailors with red and white striped shirts, eye patches, and spyglasses, boating has blossomed into a trendy recreational activity, especially among families. In the past decade, the number of recreational boats owned has

Low Rates Help Insulate Commercial Markets from Unstable Economy 

Last year, the commercial real estate debt market slowed considerably from the double digit growth the industry experienced the past three years. Overall, at the end of second quarter 2002, the debt market had grown 3.7 percent from the end

Profiting from Distressed Properties 

Editor's note Turning around a distressed property can be a lucrative, albeit risky, investment for commercial real estate professionals. This case study examines how one CCIM used in depth market analysis and skilled asset management to turn a struggling industrial

Review the Fundamentals of Section 1031 Like-Kind Exchanges 

Taxpayers planning to sell, purchase, or construct real property should review the possibility of conducting an Internal Revenue Code Section 1031 like kind exchange to defer the incurrence of federal and general state income taxes on the capital gain. To

Brokers Predict Continued Multifamily and Industrial Investment 

An experienced investment broker's perspective may be the most accurate and reliable measure of market trends that is available today. Of all the parties involved in investment transactions, only brokers have the broad perspective derived from multiple direct experiences and

Insurance Companies Tighten Coverage for Mold-Related Damages 

The recent anthrax scare amply illustrates the potentially devastating health risks posed by biological contaminants. It also underscores the reality that remediation of contaminated buildings is costly and disruptive. Terrorism aside, many in the legal and insurance industries herald toxic

Ontario's Commercial Real Estate Sparkles 

Due to abundant natural resources, proximity to the United States, and population growth, Ontario, “especially from the greater Toronto area to the west, may be the best place for real estate investment dollars in Canada,” says J.S. Kewin, CCIM, of

Maintaining the Balance 

The U.S. economy is walking a tightrope. While the recession that officially began in March 2001 has not yet ended, gross domestic product the broadest measure of the economy's output has been expanding since the beginning of 2002. Yet as

Broker Provides Impetus to Developing Houston's New Chinatown 

Building a multifamily or retail property is an isolated event. Building a community that lives and works in those properties requires continuous effort. In helping the growth of New Chinatown in Houston, Kenneth Li, CCIM, CIPS, CRS, accomplished both. Although

Automate Your Business With an Internet-Based Information System 

For years the commercial real estate industry has relied on archaic business systems to generate revenues. Traditionally, transaction related information is duplicated on paper and filed in multiple locations. But today's more sophisticated clients demand greater speed and accountability from

The Road to Success 

The rocky economy presents many bumps in the road for commercial real estate professionals mapping their future paths. Other obstacles block the view of what tomorrow's workplace will require. For example, how will you deal with a new breed of