Blog - Business & Real Estate Law Topics
News with Practical Applications for Your Business and Real Estate Investments
Ushering in a new era in the Texas court system, the Texas Business Court and Fifteenth Court of Appeals, created by House Bill 19, began hearing cases on September 1, 2024. As previously explained by Holmes Firm PC shareholder JD Reed, the Business Court offers a specialized forum to litigate...
Trying to Avoid Reporting “All-Cash” Residential Real Estate Sales? Be Wary of NEW FinCEN Reporting Rule.
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by Scott A. Meyer –
The Financial Crimes Enforcement Network (FinCEN) has finalized a new rule that aims to apply scrutiny to real estate transactions that currently avoid scrutiny. Specifically, the rule targets “all-cash” transactions in residential real estate deals.
Why? All-cash deals...
UPDATED – Judge William “Bill” Whitehill visiting to discuss the new Texas Business Courts
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EVENT UPDATE:
Many thanks to Judge William “Bill” Whitehill for an excellent presentation about the new Texas Business Courts. Our firm was honored to welcome Judge Whitehill to our offices, and glad to host this public event.
We believe the Business Courts will prove to be a...
FTC’s Non-Compete Rule Blocked Nationwide
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What Does the FTC Non-Compete Rule Say?
On January 19, 2023, the Federal Trade Commission (“FTC”) proposed what’s known as the “Non-Compete Rule,” which would “prohibit employers from entering into non-compete clauses with workers starting on the rule’s compliance date” and “require...
1031 Exchanges – What They Are, What They Do, and Effecting a 1031 Exchange in Three Basic Ways
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by Ron Holmes
You may be fortunate enough to own a real estate asset that has substantially appreciated in value over the years. You may think it’s a good market to realize the gain on that asset, but you do not want to pay the federal taxes that will be due if you sell the asset. Or,...




