If it came before the counsel, we'd be able to argue with a pretty strong case based on the dual-use of almost the entire neighborhood.

Based on what I saw of the projections, this preferred equity investment will likely be instantly wiped out as well.I know that there are a lot of ambitious capital raisers on this platform who have raised for Rise48 and I encourage you to please think about your investors before promoting bad investments again.

@Eric Johnson   Investor and lender based in Dallas.

Thank you that makes a lot of sense lol I was literally just listening to a podcast about this.

If you sell a property, capital gains tax applies based on each partner’s ownership share, and a standard 1031 exchange won’t work if proceeds are split, as the exchange requires continuity of ownership in a like-kind investment.One strategy is a drop-and-swap, where the LLC distributes the property to partners as tenants-in-common (TIC) before the sale, allowing each to complete a separate 1031 exchange.

I do condo plans as part of my W2, and these SF calculations can vary based on the coord with the attorney and owner as far as how the association is originally set up in its budgeting for dues.

BP Rookie podcast has a pretty good content on Airbnb, however mostly success stories.

Im based out of ATL (Office in O4W).

Cash flow is difficult here in California, and so I'm looking for opportunities that have strong appreciation and long-term growth opportunities with strong tenant bases to complement my long-term investment strategy.I appreciate any insight and stories.

The experience varies based on location, tenant management, and financing, but overall, it’s an excellent way to get started with minimal upfront costs.Good luck!