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Treasury Issues Historic Business Ownership Reporting Rules Impacting Millions

December 08, 2021 11:12 pm by Zach Javdan

Today, the U.S. Treasury Department’s crimefighting division, the Financial Crimes Enforcement Network (FinCEN), published a notice of proposed rulemaking (NPRM) concerning the Corporate Transparency Act (CTA), which is intended to...

Why LLCs are Crucial For Real Estate Investing

March 16, 2018 03:03 am by LawInc Staff

Forming an LLC is critical when investing in real estate. Placing assets, like real estate, under your own name can be a disaster in the making. Investors should seriously consider...

IRS 1031 Exchanges: How to Save Money on Your Real Estate Investments

December 20, 2015 04:12 pm by Maria Kozak

If you make a gain from a sale, you generally have to pay a tax on the gain. If you don’t know this already, you will soon enough. But there...

Bel Air Giga-Mansion Developer Facing Criminal Charges

July 23, 2015 01:07 pm by Maria Kozak

Forget megamasions, the newest fad in wealthy real estate development is the giga-mansion. Giga for gigantic, the new term was developed to represent the colossal homes that the ridiculously wealthy...

Mansionization Battle: Los Angeles Slammed With New Home Size Limits

April 14, 2015 09:04 am by Sheren Javdan

Los Angeles residents are reeling because of new ordinances restricting home sizes in 20 single-family neighborhoods. Many are concerned that the restrictions, lasting up to two years, could have a...

Iconic San Francisco Small Business Victim of Massive Rent Increase

April 06, 2015 12:04 pm by Jenny Kim

Jeffrey’s Toys, a toy store in downtown San Francisco, will be forced to close its doors on Market Street and Third Street by May 8. One of the handful of independently...

3% Down Home Loans Available Soon

December 11, 2014 05:12 pm by LawInc Staff

Fannie Mae and Freddie Mac are about to unleash 3 percent down-payment mortgages on the real estate market with hopes of making home ownership more accessible to those with good...

Home Improvement Startup Pro.com Raises $14 Million

September 26, 2014 05:09 pm by Sheren Javdan

Seattle based home improvement startup, Pro.com, has raised $14 million in Series A funding from two top Seattle venture capital investment firms Madrona Venture Group and Maveron, co-founded by Starbucks....

Startup Airbnb in Legal Battle with NY Attorney General

April 26, 2014 12:04 pm by Sheren Javdan

Eric Schneiderman, New York Attorney General, has subpoenaed Airbnb Inc.’s information to determine whether or not its business practices are in violation of housing and occupancy tax laws. Airbnb is...