Last week’s column struck some nerves as I discussed the two most common mistakes I’ve seen owner occupants make with their commercial real estate. To refresh, not charging the operating entity a market rent and an absence of agreements between the ownership and occupant were…
Owning the building where your business operates is indeed a smart move, and many entrepreneurs find it to be a beautiful arrangement. Typically, the process involves creating an entity like a limited liability company (LLC) to take title to the real estate. Then, the business…
We just spent a marvelous week in the Rocky Mountain area of Colorado. Vail, Colorado was our homebase from which we ventured out onto a number of remarkable excursions. We floated the Colorado river, we rode horseback through rolling hills to observe grazing elk, soaring…