Looking back on it, the pandemic has taught us all a valuable lesson or two. For starters, it drove home the notion that anything can happen at any time.

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Making the decision to sell a highly appreciated asset is not an easy one. The very thought of writing huge checks to the IRS and the Franchise Tax Board is enough for most property owners to dismiss the idea of cashing out.

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Everybody likes a good story. Some are good because they teach us a good lesson or help us change the way we think or act to improve the quality of our lives. 

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The Biden administration has proposed several changes to the tax code that threaten commercial property values.

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We have been writing a lot about taxes in recent months because the new administration in Washington DC has proposed a number of tax hikes, several of which could send a shock wave through commercial real estate markets across the country. 

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