I still believe that the IRS is wrong.

They don't really read their management contracts, or focus on the wrong parts.

Let me know when you find the area you want to look in specifically and I can get you connected to a PM.

To find the best community bank, I would post in a local facebook group and ask which are the best local lenders to work with and ask for a specific contact.  

In many cases, the $/sq ft value for an ADU can be slightly discounted compared to the main home, but it still boosts overall property value.As far as the specific question about Feliz/Silverlake, maybe reach out to a local appraiser or RE agent who would be able to give you specifics.

This specific deal was a close friend's apartment that he was renting.

What specifically are you looking for?

If you have any specific questions, I’d be glad to help!

Key Details of the 45L Tax Credit:The credit offers up to $2,000 per eligible unit for builders and developers of residential homes that meet specific energy efficiency criteria.To qualify, the units need to meet or exceed certain energy performance levels in comparison to the national model energy code (e.g., the 2006 or 2009 IECC — International Energy Conservation Code).Cost Considerations for a 90-unit or 112-unit Project:The actual cost of qualifying for the 45L tax credit depends on various factors, including:Energy Efficiency Compliance: The primary cost will come from ensuring that each unit meets the required energy efficiency standards, which typically involve energy modeling, certification from third-party energy raters, and potentially upgrading insulation, HVAC systems, windows, and other components of the building to meet the necessary performance levels.Energy Modeling: Typically, you'll need to pay for an energy consultant or engineer to model the building's energy performance and ensure it qualifies for the credit.

I don't want to get into specifics but we passed on the property for a couple of reasons you mentioned.