Articles

If you’ve decided that the best way to advance the goals of your business is to convert your C corporation to an LLC, you should proceed with great care. Converting a C corporation to an LLC has the potential to cause severe negative tax ramifications for your...

Operating your business as a limited liability company may provide you with many advantages. If you currently have your business structured as an S corporation and are considering converting to an LLC to take advantage of the benefits that business entity offers, you...

Passive activity rules can allow a taxpayer to reduce his or her tax obligation if the activity qualifies. Sometimes, though, even when a taxpayer meets the standards for not materially participating in a business, the law allows the Internal Revenue Service to...

Negotiating a commercial lease involves agreeing on a variety of terms, each of which has a potentially substantial impact on your bottom line. One item that is an important consideration for many tenants and landlords is common area maintenance, or “CAM” charges. The...

One of the unfortunate scenarios a commercial landlord may face involves a tenant who vacates the property and ceases paying rent. As a landlord, it is imperative to understand the law in your state regarding whether, and to what extent, you have a duty to mitigate...

Landlord-tenant disputes, like any legal disagreement, are best solved when the parties work through their issues and reach a resolution on their own. These solutions tend to be the most effective and the least expensive. However, for those occasions when compromise...

It is perhaps one of a business’s worst nightmares. The business selects a space to rent, negotiates with the landlord, signs the leases and moves into the property, only to witness its landlord rent a nearby space to one of its chief competitors shortly thereafter....

Parties enter into commercial leases with the hope and expectation of the completion of the lease term, in full, without problems. Constructing a thorough and well-crafted lease agreement, however, involves establishing the outcomes that will happen when that...

With the events of the recent Great Recession fresh in every business person’s mind, one recurring fear likely still lurks in the minds of commercial rental property owners: what do I do if my tenant files for bankruptcy? The landlord exists in a state of dread,...