Lawful Thoughts®
Focused on Legal Issues Affecting Businesses
of All Shapes and Sizes
Historic Rehabilitation Tax Credit Transactions After The Safe Harbor
Lenders, Developers and Borrowers were all frustrated by the effect that revenue rulings and court cases had on Historic Rehabilitation loans in 2013.
Continue ReadingSmall Businesses Remain Targets of Immigration and Customs Enforcement
Immigration and Customs Enforcement has increased its focus on small businesses.
Continue ReadingThe HIPAA Honeymoon is Over
Recently, there has been an marked increase in the enforcement of the HIPAA Privacy and Security Rules by the federal government.
Continue ReadingBasics of a Section 1031 Tax-Deferred Exchange Transaction
The ultimate goal of any Section 1031 Tax-Deferred Exchange Transaction is to avoid capital gains taxes on the sale of the taxpayer's real property.
Continue ReadingWithout A Fee-Shifting Provision, Recovery Of Attorney's Fees Is Highly Unlikely In Construction Disputes
Contractors should include fee-shifting provisions in their contracts and subcontracts to preserve their rights to recover attorney's fee.
Continue ReadingWashington Has Launched Attack on Section 1031 Tax-Deferred Exchange Transactions
Recently, the House, the Senate, and the President have each proposed to limit or terminate application of Section 1031 of the Internal Revenue Code.
Continue ReadingAppreciating Assets--Choose the Right Entity
There are two ways an asset can appreciate. Some appreciate both ways.
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