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IRS: "Shea It Ain't So!" The Ninth Circuit Opens The Door For Real Estate Developers to Defer Income Tax
In a coup for real estate developers, the Ninth Circuit affirmed the U.S. Tax Court's approval of a real estate developer's strategy to defer income in Shea Homes, Inc. v. Commissioner, 834 F.3d 1061 (9th Cir. 2016). The strategy appears fairly narro...
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Planning for Snowstorms in Commercial Leases
With Portland weathering one of its top-ten snowstorms of all time earlier this month, one question that landlords and prospective tenants alike are asking is how to plan for snow and ice storms in their leases.
The allocation of responsi...
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Portland's Construction Boom
Portland is quickly joining the ranks of American cities with the most significant construction projects.
According to a report Friday from the Seattle Times, Portland now ranks seventh in the nation in the number of construction cranes—just behind...
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LUBA Decision Blocks Proposed Right 2 Dream Too Move to the Central Eastside
The City of Portland has been struggling for several years to find a permanent location for the Right 2 Dream Too ("R2DToo") tent camp, currently located at the corner of NW 4th and Burnside. An August 30, 2016, decision by the Oregon Land Use Board...
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A Housing Price Slowdown in Portland? Not So Fast
National numbers released this morning show that home prices rose 5.1 percent year to year nationwide—although, according to The Wall Street Journal, "[p]rice growth did show some sign of slowing in the country's largest cities." But is this "slowing...
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Opening the Door to Owner and General Contractor Liability Under Oregon's Employer Liability Law
General contractors and other employers (even some owners) have greater exposure under Oregon's Employer Liability Law (the “ELL”) to injured workers based on the recent Oregon Supreme Court decision in Yeatts v. Polygon Northwest Co. The ELL imposes...
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