Posts with tag commercial property

How would you like to make a fortune and not pay a lick of taxes? And better yet, have it blessed by the IRS? That's what the owners of the L.A. Dodgers, the famously feuding Frank and Jamie McCourt, did. The secret comes down to owning commercial real estate, rental property, or another qualifying business property that... Continue Reading »

Can you imagine a Four Seasons hotel slipping into foreclosure? Well, that's exactly what happened in Texas two weeks ago to the owners of the Four Seasons Las Colinas in Irving, Texas, just outside of Dallas. With $183 million in debt, the Four Seasons, which manages the property owned by Los Angeles-based BentlyForbes,... Continue Reading »