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Updated over 5 years ago on . Most recent reply
Multi- Family properties analysis Las Vegas
Hi I'm a newbie investor and i'm looking to make my first investment into a duplex or a fourplex.
After doing some research i came to understand that FHA would be out of the question since those type of properties are in C and D class neighborhoods here.
If anybody has invested into those kind of properties in Las Vegas in the last year or so please write a bit on your perspective and decision making strategy to make the purchase.
Thanks
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Originally posted by @Julie Dillon:
@Ryan Miller
P.S. If are are going to look at C or D class properties, I highly reccomend you find ones in the 'Opportunity Zone'. You will receive a tax benefit for buying in these areas that the government has recognized as needing revitalization.
... search for opportunity zone
This is not 100% true. You need to have capital gains from the disposition of an asset to get the benefits of this. Simply investing in the zone will not get you the benefits. Please talk to a CPA before utilizing this strategy.