.” – MIT Center for Real Estate: Real TrendsRetail will need to re-invent itself“Today’s world is characterized by newer, unproven brands, and by tenants who reinvent themselves every five years.” – PwC 2019 Emerging TrendsRetail landlords will begin to focus on “more experiential offerings such as restaurants and live entertainment.” – Wells Fargo’s Q2 CRE Chartbook.

Mike - pay attention to this conversation...Ivan, with all due respect, I disagree with your characterization that the quality of the sponsor is more important than the quality of the deal.

How do you characterize the downpayment, as a non-refundable option fee?  

Of course there is the IRS definition of "Professional" which means you work in RE a certain amount of hours etc; and then there is then issue of the LLC which characterizes the holding as a business entity.

Substantively I am not sure how anyone would do the check reliably so this makes sense to me These can be more aptly characterized as “mini IPOs” than supercharged Reg.

@Robert Warren  geographic region characterized by declining mfg and industrial  jobs, upstate new york, through Penn, Ohio, Wv, Indiana, etc. the geography varies depending on who you ask.  

I'm thinking it'll be subject to FIT and FICA/Medicare, but would prefer to characterize the income as interest/dividend income subject only to FIT. 

I wouldn't characterize it as paying higher taxes on it...just paying taxes on it. 

Hi allI had several properties in a LLC and in order to buy more my mortgage broker (very savvy guy) had me re-structure/re-characterize my LLC into an S-corp (essentially a LLC taxes as S corp).

Ours is a business characterized by hype, hope & dreams.