You might very well say yes to that proposition + the experience you gain.

I've been going back and forth between these two areas, but even the proposition of laws like these make me reconsider the city right now. 

I think the buy, fix, raise rents, and refi is a risky proposition.  

It will happen sooner than you might have imagined, but it certainly is a long-term proposition.

As such, your property is being taxed at perhaps one-third of its actual "street" value these days.Dropping your homeowner exemption could be pretty disastrous if they reset the value at current levels, because I'm guessing that they will not allow you to revert to your current taxation level next year, if this rental is a one-and-done proposition. 

I'm eager to find partners who share my enthusiasm for real estate and who are willing to work together on potential opportunities.To make the proposition more attractive, I'm open to discussing a profit-sharing arrangement with a split of 80% for the investor and 20% for myself.

Putting utilities in your own name can be a very costly proposition.

This would allow you to defer paying cap gains taxes til 2027, and any appreciation you have on the new asset you develop are 100% tax free if you hold the asset for a minimum of ten years.I don’t mean to muddy the waters, but QOZ’s, for the right investor, will be very attractive propositions with the looming recession and folks willing to provide services for less as the economy slows.With a QOZ, you only invest your capital gains into a new property.

One proposition I made was that if they allowed the deal to go through, I would move all of my business banking over with them and keep my reserve accounts (50-80k) with them in savings.

For example in California, Under Proposition 13, the annual real estate tax on a parcel of property is limited to 1 percent of its assessed value.