The proposed regulations also clarify that deemed contributions of money under section 752(a) do not result in the creation of an investment in a QOF.

If you can get a 4 unit and a basement, that would be ideal and create major cash flow and equity creation, plus you can not worry about a property manager and boost your yield and avoid rent stabilization laws. 

They are merely a custodian so, they don't provide the LLC creation etc.

@Sean Mcmahon if the deal is so good (needs cash to buy for rehab equity creation, therefore not financeable) and the agent is getting 3%.. they could only buy every 33rd deal

Some C/D areas, however, have stabilized in their value, so that risk is gone.For newer investors, I'd recommend they stay in B/A areas, as it is a clearer path to wealth creation in the long run.

Galaxy Group is the leading name in the creation of commercial sectors in the whole of North India.

New agents on the residential side usually drive first time home buyers all over creation spinning wheels and give up 50% to the brokerage until the split gets better.

I do both - MF primarily for passive, long term wealth creation, and SF for current income.    

They are the used car salesmen of real estate.In addition, nobody seems to talk about the fact that, when you sell more than a 50% interest in an LLC within a 12 month period, IRC § 708(b)(1)(B) comes into play - which means a technical termination of the LLC has taken place.The LLC's tax year closes on the date of the termination and the creation of a "new" LLC for federal tax purposes.

HI there and thanks for your reply. I'L be caring a note on a property i am selling in NORTHERN CA. Any suggestions on rate and terms for future sale of the note.