The UK has a long-established regime of real estate occupation tax, known as “business rates.” Although not unique with many similar systems globally including the US, it represents by far the largest comparable tax burden. Given the onerous amounts involved, which are generally around 50% of market rents but in many cases, much more, it has become a highly political and contentious issue of great importance to commercial real estate occupiers and owners. All non-domestic…
Marijuana Real Estate: The Business Impact of Legalization
The 2016 election season bought another crop of nine states joining Colorado, Washington, Oregon, Alaska and Washington DC in approving recreational and medicinal marijuana sales at the retail level. While the growth and occupancy of storefront retail establishments is the most conspicuous sign of a burgeoning industry, the behind-the-scenes marijuana real estate uses of cultivation, manufacture and processing have proven to be the most impactful on the supply of industrial real estate in markets where…
10 Things to Look Out For Before Buying Commercial Real Estate in Boise
Commercial real estate in Boise is about far more than aesthetics. A property might appeal to your senses, but it’s important to remember that real estate investing is a business. That means you should be paying careful attention to the main elements of the deal: the terms and the return on investment. Buying a property based upon aesthetics alone, or your “gut instinct” is a sure way to get underwater, and quickly. You need to…
Lease or Buy in Boise
When it comes to leasing or buying a commercial real estate property in Boise, ID, there are a number of advantages and disadvantages to consider before making that big decision. While the market can be unpredictable and intimidating, unfortunately there is no fool proof way of determining which option is overall the best. Taking into consideration these pros and cons that we’ve compiled from QuickBooks’ article on “Leasing vs. Owning Commercial Space” and LeaseMatrtix’s “The Pros and Cons of Leasing vs….
3 tips you NEED to know about Commercial Investing in Boise
If you’re new to investing, you’ve come to the right place! Investing in general can be a nerve wracking and daunting new venture, but it shouldn’t have to be. In fact, investing in commercial real estate has shown to be a promising investment venture during both the ups and downs of the market cycle. But before you jump into investing in the first property that comes your way, you might want to do your research…