Also there is a special tax abatement for office conversions but requires the developer to retain 15% as commercial use.So we have the option to stack them and consolidate.

I had an interesting and insightful conversation with my tax team recently about how AHP is reporting these "preferred returns" on the K-1 as "Guaranteed Payments." 

It goes both ways....let's carry on talking about RE investing and keep the personal conversations elsewhere.

Increase time spent conversing with each lead that you get to learn more about how they view the property and implement reasonable changes accordingly.

It sounds like you are missing a conversation with the tenant to understand the situation.

If interested in having a conversation, DM me.

After a few candid conversations, they realized they could negotiate slightly higher rents by offering small improvments..things like better loading dock access or upgrading the security features..turning a so-so cash flow into something much healthier.When you break down your family friend’s situation, it might help to consider these angles:Selling and redeploying capitla could open up opportunities in markets where cash flow is a bit juicier.

Let me know if you are willing to have a direct conversation and sync up. 

I am impressed this conversation is still going.  

Finding what works best is always your responsibility as a business owner.Since there were a lot of people who were questioning my credibility, I am attaching my booking conversation for 2024.