PALUMBO LAW handles complex partition actions when the parties involved are unable to agree on the fair market value of real estate jointly owned to effectuate the sale of said […]
Continue reading…Adverse Possession
PALUMBO LAW and its experienced adverse possession attorneys understand boundary line disputes, adverse possession and boundary by acquiescence. In fact, our boundary line lawyer, Nicole Labonte is one of the […]
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Understanding Single, Double, and Triple Net Leases
Many real estate investors begin in residential real estate but eventually move into commercial real estate as they become more comfortable. As a result, real estate investors are often familiar […]
Continue reading…What Is an FHA-approved Condominium?
When buying a home or condo, traditional bank lending requires 20% of the purchase price to be paid upfront. For many prospective buyers, making a 20% down payment is simply not […]
Continue reading…What Determines Real Estate Yield?
In real estate, yield is calculated by dividing the annual cash flows received by the value of the asset: Yield: Annual Cash Flow Current Value of Asset […]
Continue reading…What Are the Tax Benefits of Real Estate Investing?
Real estate is an extremely popular asset class among the wealthy. In addition to stocks and bonds, wealthy investors often have significant direct real estate investments within their portfolios, whether […]
Continue reading…What Are Opportunity Zones?
The Tax Cuts and Jobs Act of 2017 significantly altered the U.S. Tax Code through changes to capital gains treatments, personal deductions, and a series of other revisions. For real […]
Continue reading…Fire Damage in Rhode Island
In 2017, nearly 400,000 homes suffered damage due to fire. Of these, more than half were due to cooking. Heating, general carelessness, and electrical malfunction were the next most common […]
Continue reading…What Is the 1031 Exchange?
Perhaps you’ve heard of the 1031 Exchange. Perhaps you haven’t. Regardless, you are likely unfamiliar with what a 1031 Exchange actually does and how it works. The 1031 Exchange is […]
Continue reading…What are the Key Legal Differences in a Commercial Lease Versus a Residenial Lease?
There are a number of differences between commercial and residential leases. The most significant is the “use” provision. The premises leased under a commercial lease may be used for a […]
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