Justin Sofman
Anyone try sober living home?
4 September 2024 | 8 replies
People in recovery need a place to stay free of drugs and alcohol.
Sanjeev Advani
Office Market Reaches Peak Downsizing: A New Era for Corporate Real Estate
4 September 2024 | 0 replies
This new dynamic makes it crucial for CFOs and decision-makers to strategically navigate leases, using data-driven insights to secure favorable terms in a still-challenging market.As remote work continues to influence demand, the office market's recovery will depend on how companies adapt their real estate strategies.
Michael Gonda
What to do with $3 million in equity
9 September 2024 | 52 replies
Various HNW persons not a fan of the documentation prostate exam for financing, professional athlete's, those with small biz and really great at write-off's, all kinds of potential buyers.As the saying goes, do what you do best and hire the best, to do the rest.
Sanjeev Advani
August 2024 Commercial Real Estate Market Overview
3 September 2024 | 0 replies
While full recovery remains elusive, the sector's current stability is a positive sign amid ongoing challenges.ConclusionThe second half of 2024 presents a varied landscape for commercial real estate, with opportunities and challenges differing across sectors.
Julio Gonzalez
Multi-Family Properties and How to Maximize Returns
3 September 2024 | 0 replies
There are specific rules for 1031 exchanges including:The replacement property must be identified within 45 days of transferring the relinquished property.The replacement property must be received within 180 days after the transfer of the relinquished property or the due date of the taxpayer's tax return, whichever is earlier.Special rules apply for exchanges between related parties (defined in § 267(b) or 707(b)(1)).Real property located in the United States and real property located outside the United States are not considered property of like kind.Cost Segregation StudiesA Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.
Kranti K.
Defend subpoena to trust.
2 September 2024 | 18 replies
Unless you are a professional athlete/movie star / influencer it’s hard for many to hear this but the world really doesn’t give a hoot about you.Having built hundreds of multimillion dollar homes and having worked on projects with two different professional sports teams owners - I would say less than 1% would use a land trust for anonymity and some of these people had 9 figures and several were billionaires.
Christopher S.
Unlocking Chicago's Community Development Grant Program: A Streamlined Financing Path
4 September 2024 | 4 replies
(If your project is primarily housing or incorporates housing specific funding sources, you will need to apply through the Department of Housing rather than through this program.)The funding sources that a project can receive include the Chicago Recovery Plan (CRP), Housing and Economic Development Bond (HED), Neighborhood Opportunity Fund (NOF), and Tax Increment Financing (TIF) which have all been combined into a single, streamlined grant program with unified rules and regulations.
Chris Gawlik
Whats it like to invest in C or D class properties?
8 September 2024 | 101 replies
In previous crashes, the market out performed class a whereas now, it is initially out performing A, but many economists are for casting a quick recovery for A while B and C take a few years to rebound fully. i think new buyers have to require a higher going in cap to protect themselves.
Lily Yu
How to best protect myself renting to a non qualified tenant with qualified roommate
30 August 2024 | 12 replies
I'm familiar with recovery and addiction and I know some people just need to turn their life around.
Julio Gonzalez
Cost Segregation on Office Building
29 August 2024 | 2 replies
Additionally, it can help maximize renovations and improvements.A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.