If you own rental real estate, you probably think you can exchange it for “like-kind” real estate some day, and defer any gain that would otherwise be recognized in that transaction. You would probably be right. And if you own rental real estate together with others, you probably believe that you could similarly exchange your
Hiring contractors has always been risky. Effective January 1, 2004, it got riskier. Starting then, if you engage a contractor for construction, farm labor, garment, janitorial or security guard services, you may be liable for damages to that contractor’s employees if you know (or should know) that the contract is not adequate to allow the
Real estate lawyers and real estate brokers frequently find themselves working together to serve a common client. They also frequently butt heads. Real estate brokers consider lawyers to be deal-killers. Lawyers think that real estate brokers are loose canons, oblivious to the legal duties of themselves and their clients. This will be the first in