Press & Dozier Blogs

I've Foreclosed on a Property, Some Tenants Live There Already, But I Think I Can Do Better...

Posted April 29, 2011 by Jamie Kent Hamelburg in Articles & Publications, Real Estate Publications

Let's say you've purchased a Maryland residential property (defined as having four or fewer dwelling units) at foreclosure, and you want to either move in or rent it as investment property.However, tenants living in it at the time of foreclosure still reside there, under a lease having an unexpired term at what you consider a below-market rent. What, if anything, can you do?

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Real Estate Redux

Posted April 12, 2011 by Fredric A. Press in Articles & Publications, Real Estate Publications

The cover story in the current issue of Fortune is The Return of Real Estate. While the title is slightly misleading in that it focuses solely on residential real estate, it makes for interesting reading nonetheless (and to be fair, the subtitle of the article suggests the scope of its content).

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Congress Recently Extended IRC §179 to Include Deductions for Real Property but only for 2010 and 2011

Posted December 2, 2010 by Barbara I. Berschler in Articles & Publications, Real Estate Publications

Usually when you think of §179 of the Internal Revenue Code, you think of deductions available to businesses for depreciable, tangible "personal" property such as equipment, vehicles and computers. However, Congress has given a gift in the Small Business Jobs Act, signed September 27, 2010, by extending the deductions to include up to $250,000 of Qualified Real Property.

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