Anyone who owns property in Arizona is subjected to paying property taxes. But many people don’t understand how these taxes are determined. It’s imperative that anyone who has to pay these taxes has at least a basic understanding of what they mean. There are several...
Year: 2021
What happens with the accounts receivable when you purchase a business?
There's a lot to think about when you're buying a business. One of the things you need to consider is what will happen to the outstanding invoices for the company. In many cases, a business will have some accounts receivable that haven’t been paid by the time the...
2 important considerations for leasing retail space
People who are opening a retail establishment need to find a suitable location for their store. There are many factors that come into the picture when they’re looking. Rent and location are two of the top ones, but there are a few others that are also important. Some...
3 of the hottest trends in the Arizona real estate market
Just as is the case of the real estate markets all over the country, if you are a seller, the market is both bullish and buoyant. Buyers, however, may be really feeling the squeeze when they try to find affordable housing. Below are three of the hottest trends to...
5 tips to help your business thrive
Many excellent business ideas fail due to mistakes made when beginning the company. Failure could take months -- or it could take years -- but the problems often go back to the very first days of conception. While there is no way to guarantee your business is a...
How do you price a commercial lease?
When looking to lease a commercial property, you need to read the contract's fine print with care. Landlords can place significant restrictions on what you can do with the premises. It could also turn out far more expensive than you thought if you do not understand...
A partnership agreement is somewhat like a prenup for your new business
Starting a business is an exciting endeavor. A partnership can be an ideal solution for someone who has ideas but not resources or perhaps investment capital but not hands-on experience. You and your partner combine your resources to help develop a new business. If...
Can you go to court to fix issues with the title to a property?
The title to a piece of real estate is the actual ownership document. There are both physical papers that you sign and keep for your records as well as recorded documentation of those papers that stays with the county. Keeping public records of title rights and real...
Financial mistakes can undermine your LLC protections
One of the reasons people create limited liability corporations (LLCs) is right in the name of the business organization. They do it to limit their personal liability if the business fails or faces legal action. When you create a business, there is always a risk of...
What happens if someone has a title claim against your home?
It may have been years since you purchased your home when you hear from someone who claims to have title rights to the property. Perhaps they are a person who didn't authorize the sale of the property by their estranged spouse who was their co-owner. Maybe they are an...