Howard Koh’s Weekly Vlog Update 17
Real Estate
In this week’s vlog, Howard dives into a crucial tax topic affecting many commercial borrowers—recapture. As the market adjusts and lenders take back properties, borrowers could face unexpected “phantom income” from recapture, leading to significant tax liabilities.
For those with non-recourse loans, it’s essential to remember that while the lender might not pursue further action, there could still be a tax impact. Before stepping away from any non-recourse debt, consult with your legal and financial advisors.
Watch Howard’s video to learn more about managing these challenges.
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