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29 April 2024 | 113 replies
In addition to the get rich quick element its an MLM mindset they feel is easy, where they can pick it up and put it down whenever (i.e Amway, 5lynx, bitcoin mentoring) Even the young ones who invest in my projects have the opportunity to earn and learn, looking over my shoulder.
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25 April 2024 | 24 replies
@Kyle M.I was open to Decatur but heard there were environmental issues given the city’s industrial history.
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23 April 2024 | 11 replies
When it comes to environmental check to see if the property has a NFA (no further action) letter.
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24 April 2024 | 9 replies
Seabrook happens to be one of those interesting phenomenon in regards to that location because it was essentially one guy came in and started developing it and leveraged really beautiful natural elements of it.
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24 April 2024 | 13 replies
Trying to get these elements in place.
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22 April 2024 | 3 replies
However, in talking to USAA, I read many of these coverage elements specifically called out by Prosper and asked if USAA would cover them.
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23 April 2024 | 4 replies
I think for now the human element is too important.
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22 April 2024 | 0 replies
The three most common approaches include:Cost approach: An estimate of the replacement cost less depreciationIncome approach: Calculation of estimated potential rental incomeSales approach: Uses comps of recent transactions on similar propertiesBe sure you are leveraging the tax incentives availableIdentify any applicable tax incentives available for commercial properties - historic tax credits in certain areas, opportunity zones, environmental sustainability, etc.Understand available tax deductions, credits, and rebates - Tax deductions decrease the taxable value of a property, tax credits directly reduce your tax liability dollar for dollar and tax rebates are a refund of taxes paid under certain conditions.Utilize a cost segregation study - Cost segregation allows you to reclassify assets into categories with shorter useful lives, therefore accelerating depreciation and creating tax savings.Leverage energy incentives and deductions - Look into the Section 179D deduction and how you can save on tax by meeting certain standards to make your property more environmentally friendly.Best practices for commercial real estate owners and monitoring their property tax regulations:Plan proactivelyWork with a professional to receive guidance on complex regulationsUtilize specialized software tools to drive efficiency and compliance.What questions do you have regarding property tax valuations?
22 April 2024 | 5 replies
There should be a phase 1 and Phase 2 environmental assessment.
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25 April 2024 | 209 replies
Theres 2 main elements.