Insights
Firm News

4 Things Real Estate Lawyers Need To Know About Bitcoin

February 14, 2018 Media Coverage

Law360
February 14, 2018
"4 Things Real Estate Lawyers Need to Know About Bitcoin"

Said Kordestani, tax partner at Farella Braun + Martel, commented on the tax liability issue landlords face when accepting bitcoin as payment for leases. He noted that he has had many calls about this over the past several months.

"Ten thousand dollars on Monday might be worth $5,000 on Wednesday. The IRS would tax you on the $10,000," Mr. Kordestani said. "None of my clients are renting [to clients who pay in bitcoin] unless they don't have a better offer."

Link to the full article (subscription required).

Firm Highlights

News

Ashley Breakfield Appointed to CREW Network Diversity & Inclusion Task Force

Read More
News

Plans for SF’s 4th-tallest building win key OK as developer resolves opposition

C.J. Higley was mentioned in the article, "Plans for SF’s 4th-tallest building win key OK as developer resolves opposition."  According to the article, the Transbay district Parcel F tower would include 165 condos, 189...

Read More
Publication

Downtown Oakland Slated for Increased Development

The City of Oakland spent the last four years developing the Downtown Oakland Specific Plan to address growth and revitalization of the downtown area over the next 20 years and to ensure that development...

Read More
News

Farella’s Don Sobelman Assists South Valley Islamic Center to Secure Cordoba Center Mosque and Cemetery Project Approval

Don Sobelman
Read More
Publication

Newly Adopted California Housing Laws - Senate Bill 330 Housing Crisis Act

Ahead of the January 1, 2020 effective date for several housing-related bills recently signed into law by the Governor, we will explain upcoming changes in housing law through a series of updates. Our first...

Read More
Publication

Upcoming Changes to California Housing Laws – AB 1482 Tenant Protection Act

The Governor recently signed into law several housing-related bills adopted during the 2019-2020 state legislative session. At the start of the session, approximately 200 housing-related bills were introduced, mostly from Bay Area legislators. Many of these...

Read More
News

Farella Assists San Francisco Flower Mart With Development Project

Farella Braun + Martel represented the master tenant of the San Francisco Flower Mart in renegotiating its agreements with Kilroy Realty Corp., including a long-term master lease to permanently relocate the Flower Mart to...

Read More
Publication

Newly Adopted California Housing Laws – Assembly Bill 1485 Streamlining the Permit Process for Housing Developments

On January 1, 2020, several housing-related bills recently signed into law by the Governor take effect. We will explain the upcoming changes in housing law through a series of updates. Our first update...

Read More
Publication

New California Housing Laws: AB 68 Accessory Dwelling Units

On January 1, 2020, several housing-related bills recently signed into law by the Governor take effect. We will explain the upcoming changes in housing law through a series of updates. Our first update...

Read More
News

Farella Braun + Martel Announces 2020 Partner Elevations

SAN FRANCISCO/ST. HELENA, Calif., January 21, 2020: Northern California legal powerhouse Farella Braun + Martel is pleased to announce the election of senior associates Evan Abrams, Lauren Galbraith, and Alex Reese to the partnership...

Read More