When selling real property in Washington State, there are several considerations to keep in mind: Purchase Price Determination: Setting the appropriate listing price is essential to attracting potential buyers and maximizing the property's value. Sellers may consider factors such as market conditions, comparable sales in the area, the property's condition and features, and advice from real estate professionals. Seller Disclosure Requirements: Washington...

The commercial real estate sector presents a compelling investment opportunity for individuals and entities seeking to diversify their portfolios and generate substantial returns. However, the process of purchasing and selling commercial real estate can be complex, requiring a keen understanding of various components such as negotiating deal terms, financing, due diligence, and closing procedures.Negotiating the Purchase and Sale AgreementAt the...

There are several ways to take ownership of real property, each with its own implications for ownership rights, transferability, and estate planning:  1.      Sole Ownership: when one person or entity holds title to the property. The person or legal entity has full control over the property and can transfer ownership through with a legal instrument.  2.      Joint Tenancy with Right of Survivorship:...

When selling your business, there are two primary methods used to structure the sale: an asset sale and a stock sale.  Asset Sale  Structure of Deal In an asset sale, the buyer purchases specific assets and liabilities of the business rather than acquiring ownership interest or equity in the company itself. The buyer can select the assets it wants to acquire, such as...

Employees who join startups in their beginning stages are often compensated with a salary, a signing bonus and a number of stock options, referred to as Incentive Stock Options (ISOs). Incentive Stock Options are an employee benefit that offers the employee a right to purchase the company’s stock at a discount. As the name implies, Incentive Stock Options are incentive...

Real estate investing can offer several tax advantages to investors. Depreciation One of the most significant tax benefits to real estate investing is depreciation. The Internal Revenue (IRS) allows real estate investors to deduct a portion of the property’s value as depreciation expenses over its useful life. The IRS considers residential rental properties to have a useful life of 27.5 years, while...

An easement allows a party to use real property that belongs to another party. When purchasing a residential or commercial property, it is important to understand what easements affect the property. Types of Easements  An easement has a servient estate on which the easement is located on and a dominant estate which is given a right to use the easement. Easements should...

Commercial real estate lease transactions are complex undertakings that require a comprehensive understanding of the legal and financial implications. Successfully negotiating a commercial lease involves understanding of the commercial real estate market conditions, the roles of brokers, lawyers and other professionals such as certified public accountants, and the terms of the lease. It is during the negotiating phase that the...

Since the creation of Bitcoin in 2009, cryptocurrency has become a common term used in the investments market.  The rise of cryptocurrencies and initial coin offerings, however, has raised questions concerning regulation and investor protection.Cryptocurrencies A cryptocurrency is a digital or virtual currency that can be exchanged as an alternative form of payment or for investment purposes. Creation of cryptocurrency units...

The Corporate Transparency Act (“Act”) takes effect on January 1, 2024. The federal Act was passed to provide more transparency into the ownership and control structure of small and medium-sized businesses in order to prevent money laundering, tax fraud and other illegal activities. Reporting Requirements The Act requires certain small and medium-sized businesses to report information on the company and...