Business and Real Estate Law in the News

Blog - Business & Real Estate Law Topics

News with Practical Applications for Your Business and Real Estate Investments

After 15 Years at 5.00%, Pre- and Post-Judgment Interest Goes Up

Written on 27 July 2023.

By JD Reed – Most Americans are aware that interest rates started to dramatically rise commencing in March 2022. Regardless, Texas’ post-judgment and pre-judgment interest rate on judgment awards remained at five percent (5.00%), until now. The New Interest Increase Takes Effect August...

LLCs Electing S-Corp Tax Status

Written on 14 July 2023.

When forming a new entity, business owners are often keen on the idea of forming a Limited Liability Company (“LLC”). With its limited liability for owners, pass-through of income and flexibility to choose method of taxation – it’s the most ideal choice for new business owners. Benefits to LLCs...

Corporate Law

New Texas Business Courts – What Will They Be?

Written on 14 July 2023.

By JD Reed – Texas is Popular If it wasn’t already apparent, large corporate businesses are flocking to Texas. Texas district and county courts have become clogged with personal injury and low-stakes lawsuits. As a result, judges in county and district courts are bombarded with personal injury...

Litigation

SCOTUS Speaks Loudly

Written on 14 July 2023.

By Ron Holmes 1, a Member of the Bar of the Supreme Court of the United States – At the end of June, the Supreme Court announced decisions related to race-based college admissions, student debt relief, and several other topics. The following is an apolitical summary of the Court’s...

Texas Property Tax Relief – What You’ve Heard and What You Haven’t Heard

Written on 13 July 2023.

With rising property taxes in Texas, especially in the DFW area, everyone is wondering how to decrease their property taxes. On numerous occasions, Texas politicians have stated that cutting property taxes would be top priority. So much so that the Texas legislature set aside $17.6 billion from...