If possible, consulting a local real estate agent or financial advisor can provide personalized advice based on the specific market conditions in Chicago.

A growing population fuels demand for housing, presenting opportunities for property investors.Before making any investment decision, it's crucial to conduct thorough research, consult with real estate professionals, and consider your financial goals and risk tolerance.

Consulting with both a real estate attorney and a licensed architect is crucial.The attorney can advise on the legal aspects of converting a cellar into a legal apartment, including zoning regulations, building codes, and the legalization process.The architect can assess the physical space, determine if it meets conversion requirements (ceiling height, egress, etc.), and create plans for a compliant renovation.The 2019 pilot program you mentioned wasn't permanent, and the high costs associated with it discouraged participation.

My wife and I are based in Florida and work as non-profit business consultants.

I would advise you to consult with your tax professional to see if you may be able to use some planning strategies to help you best take advantage of the deduction in 2024/25 in the event it isn't renewed by the next congress.

While consulting with a CPA is the suitable choice, I recommend compiling a comprehensive list of all your questions and finding a CPA with proven experience in small business and real estate.Based on my extensive experience, having been in similar situations multiple times, I've learned that the effectiveness of a CPA depends on the quality of the question I asked.

Is a compounding Pharmacy any greater risk than a standard pharmacy. 2. consult with an Attorney familiar with commercial lease agreements to draft the lease paperwork to best protect you.

Consult a mortgage broker to navigate the financing process and provide personalized advice based on your financial goals and circumstances.By understanding the factors impacting your ability to secure financing for a multi-family property and exploring alternative options, you can work towards achieving your real estate investment goals.

If needed, seek advice from experienced BRRR investors and consult a local real estate attorney for tailored guidance.

I used to work in consulting for the robotic division at DHL Supply Chain.