Looking to trade info on contractor contacts, strategies and bank contacts.

Greetings,Here is an update on the current National Commercial Hospitality Real Estate Market in The United States of America as of March 10, 2024:To no one's surprise, trading volume in 2023 decreased by over 50% year over year.

You can trade that into the US for a 20+ unit 

Not to be left behind, institutional and public REIT investors persist in their pace of acquisitions, homing in on first-class developments and prime locations.Yields on stabilized industrial investments continue to price in a tight range over treasuries, which began falling in the fourth quarter due to slowing economic growth and the market's expectations of rate cuts beginning in the first half of 2024.Properties offering in-place rents substantially below market can still see cap rates in the upper 4% range, but a growing portion now trades in the low 5% spectrum.

Like any trade, you need to get a few quotes, ask what they specialize in, and see if you are a good fit. 3.As far as location, it doesn't really matter, the IRS is nationwide and from there states add or subtract their rules. 4.

Real estate creates generational wealth and the long term game is all about trading up and exchanging properties to offset your gains. 

In the 3- Star property segment, price declines were less pronounced, falling about 15% from the peak where deals once traded for approximately $210,000 per door.In addition to asset quality, investors adapted their approaches to stay ahead of rent growth, leading to noticeable shifts in sales volume rankings.

The 80,750-SF grocery-anchored neighborhood center, which traded at a 6.5% cap rate and was 92% occupied, has had The Fresh Market as its anchor tenant for the past 12 years.Higher up the pricing spectrum, unanchored and open-air shopping centers may see cap rates above 7% and occasionally push into the 8% to 9% range as specific market and quality factors influence each transaction.In the open-air shopping center segment, Nuveen sold the 1 MSF Fayette Pavilion to 5Rivers CRE, a private buyer from Houston, for $134 million, or $128/SF.

From: https://www.irs.gov/publications/p925#en_US_2022_publink1000...Qualifications.You qualified as a real estate professional for the year if you met both of the following requirements.More than half of the personal services you performed in all trades or businesses during the tax year were performed in real property trades or businesses in which you materially participated.You performed more than 750 hours of services during the tax year in real property trades or businesses in which you materially participated.Don’t count personal services you performed as an employee in real property trades or businesses unless you were a 5% owner of your employer.

I'm aware of 1031 when we want to trade up.I should maybe read about energy efficient improvements if that's a way to save taxes.