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John Tran
  • Member since Dec 14, 2019
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John Tran's profile image
John Tran's profile image
John Tran
  • Member since Dec 14, 2019
Connect
John Tran
8
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16
Posts
Tax, SDIRAs & Cost Segregation

Eminent Domain Compensation

John Tran
Posted

Hello all,

My LLC owns a commercial building and my business(a separate LLC) leases it. If the city wants to force eminent domain on the building can I file 2 separate claims for compensation?

One claim is for the value of the buiding as an income generating property.  The other is for the business being forced to move which will result in lost lease home improvement expenses, and lost of business due to the move, lost of efficiency due to the disruption.

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