News & Insights
Why Those PPP Loan Expenses May Be Nondeductible
Small businesses that benefit from the Paycheck Protection Program could end up having to pay a share of their loan to Uncle Sam in taxes. On April 30, the IRS issued Notice 2020-32, which states that expenses paid with the forgivable PPP loan proceeds – which would...
Returning to the Workplace: Guidance for Landlords and Property Managers
As communities look to reopen after COVID-19 closures, the workplace will inevitably look different than it did a few short months ago. As a result, landlords and property managers are now faced with considering how their commercial spaces will need look and function...
Can Business Interruption Insurance Provide Relief?
The economic fallout of the coronavirus pandemic is threatening to shake up the insurance industry like never before. Several insurance companies have already had lawsuits filed against them based on their denial of claims under business interruption policies arising...
Insight Alert: Reopening the Workplace – What Landlords Need to Know
The COVID-19 pandemic has impacted every workplace, shutting down many businesses and transforming the rest. Since the crisis upended daily life, landlords have had to cope with widespread business closures, a drastic reduction in day-to-day workforce occupancy and...
California’s Eviction Moratoriums
California’s statewide eviction moratorium gives local jurisdictions the right to fill in the details of the moratorium’s guidelines and restrictions. Consequently, the state’s three largest metropolitan cities all have slightly different timelines and requirements,...
Insight Alert: The New 1031 Exchange and Opportunity Zone Deadlines
On April 9, 2020, the Internal Revenue Service (IRS) issued Notice 2020-23, extending certain time-sensitive deadlines under the Internal Revenue Code. Like the IRS deadline extensions announced in late March, this new Notice follows President Trump's March...
The Finer Points of PSAs During COVID-19
Flexibility is the key word in today’s real estate environment as buyers and sellers try to incorporate new strategies into the structure and negotiation of their purchase and sale agreements. Since the impacts of the coronavirus pandemic are likely to be felt for the...
Insight Alert: Construction Project Considerations in the Age of COVID-19
The impact of the COVID-19 pandemic on construction projects is being felt by developers, contractors, subcontractors and suppliers up and down the labor and material supply chains. In this age of stay-at-home orders, closure of nonessential businesses and social...