A client had one possible space coming open at 42 a foot in their retail center.

Since the sale of the property occurred towards the end of the year, in October, the 1031 Exchange was going to receive an Installement Sale treatment and in the event a Like Kind property was not purchased within 180 days the proceeds would have been taxed in 2018.

Expenses incurred before the in-service date will likely be capitalized (added to basis) and depreciated over the life of the property.It’s much more beneficial to deduct expenses in full as opposed to capitalizing and appreciating them, so it’s important to advertise the property as soon as possible.Since you’re doing rehab work, it’s also  important to note the different tax treatment of expenses with respect to repairs and capital improvements.These talking points should certainly be explored with a professional.

@Mike Morey - I have had very good luck and prices through Allstate, I use Dave Bochtler located on Center St in Auburn, Only catch is their inspector does find stuff like roofs and paint peeling and they put timelines on fixing them.

We use a strip center as a line of credit with private lenders for example.

Tell them Rachel Asay from KW Midlo. market center sent you!

There is actually an event tonight @ VIS Major Brewing on 35th and Center St.

I would say the objective way to analyze going to school is to look at the career center or recruiting on campus to determine if firms value your target school.

Roaches can be killed pretty easy with a few aggressive treatments and ongoing preventative maintenance. 

Funded my LLC and bought the properties.Am thing thinking on drawing down on my available HELOC the same amount as my down payment.What would be the tax treatment on interest paid on HELOC?