Unfortunately Uncle Sam does charge a gift tax.

Originally posted by @Sam Askar:@Michael Lange  what are the good neighborhoods in milwaukee ?

@Sam Shueh  Just want to confirm I read that right. 

@Sam Josh You sound conservative with your money.

I'm in California, and it mirrors the NYC market in many ways.I like in particular the concrete, stategic steps that @Sam Alomari and @Steve Kontos suggest.

@Sam Fried I'd be happy to connect you with a CRE broker who should be able to help you.  

Don't forget about your silent partner, Uncle Sam.

@Sam Leon Property Taxes & Landlord licence fees (where applicable) are part of your operating expenses and as such are included in the derivation of Net Operating Income (NOI).I suspect @Doug McLeod was referring to income taxes - levied on your CFBT - in his post above.You should be alright.

@Sam Craven I bought this one from NewWestern@David C.  

I just keep thinking that even if they gave it away it wouldn't be a great deal because of the cost of tear down and rebuild.And the lucky agent had to split thier 3% with his broker for a whopping 1.5% or 15.00 before uncle sam gets his 45% so the agent put about 8.00 in his pocket.