“Pete did an outstanding job in selling my property. He provided excellent service by keeping me aware of every development and kept all the other parties updated so there were no gaps in communication. He was even ready with backup lenders for the buyers to prevent delays. Pete’s competence made the transaction a lot less [...]
15 Feb 2008 Pete Chrzaszcz 0 comments
The tax deferred exchange, as defined in Section 1031 of the Internal Revenue Code of 1986 offers investors a great opportunity to build wealth and save taxes. Through a 1031 exchange, investors may sell investment property and purchase replacement investment property using all of the equity realized in the sale by deferring the capital gains [...]
06 Feb 2008 Pete Chrzaszcz 0 comments
Under a true triple net lease agreement, the tenant (or lessee) pays rent to the landlord (lessor), and in addition pays all taxes, insurance and property maintenance, including structural elements such as roof repair. Triple net leases are often used in Sale/Leasebacks, a financing technique in which a business sells the property on which it [...]
06 Feb 2008 Pete Chrzaszcz 0 comments
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