Virtual offices bring challenges to the real estate industry

Article Abstract:

An increasing number of companies including real estate firms have begun using virtual offices to enhance their productivity without increasing office space and real estate costs. The virtual office allows flexibility in spaces and reduces the need for more office space. It eliminates the need for a bigger workforce, brings employees closer to clients and enables employees to accomplish more work at high efficiency and accuracy in lesser time.

Innovations, Real estate industry, Offices

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Selling real estate: how to save taxes by converting an all-cash sale

Article Abstract:

An installment sale can be made into a tax-free exchange by using a purchase price note guaranteed by a standby letter of credit, provided that the buyer is willing to pay cash. This alternative is safe as it eliminates the risk of being wiped out by a senior lien and of bankruptcy as well. However, the seller must also seek professional help to ensure the legality of the documents.

Analysis, Interpretation and construction, Taxation, Real property, Installment contracts

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