Category: Uncategorized


Landlords must mitigate damages (unless…)

Mitigate Damages. 8/10/2021 In Austin Hill Country Realty, Inc. v. Palisades Plaza, Inc., 948 S.W.2d 293, 299 (Tex.1997), the Supreme Court of Texas recognized that a commercial landlord has a duty to make reasonable efforts to mitigate damages when the tenant breaches the lease and abandons the property. The rule in Palisades Plaza has since […]

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Buyer Beware! Collect withholding for foreign persons.

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Withholding of Tax on Dispositions of United States Real Property Interests For distributions before February 17, 2016, the corporation generally must withhold 10% of the amount realized by a foreign person. For distributions after February 16, 2016, the rate increases to 15%.  There are exceptions which are covered below.   Thankfully the IRS will deem a […]

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Planning for the year.

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Now that the holidays are over it is a good time to take stock and plan your year. You never know when something is going to happen. Reduce stress with the right documents at your fingertips. A power of attorney, or childcare authorizaton to help someone get your children to family if something happens to […]

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