Chris Blackburn
Tax credit 45L for a 90 unit or 112 unit project? What should it cost?
22 January 2025 | 1 reply
., the 2006 or 2009 IECC — International Energy Conservation Code).Cost Considerations for a 90-unit or 112-unit Project:The actual cost of qualifying for the 45L tax credit depends on various factors, including:Energy Efficiency Compliance: The primary cost will come from ensuring that each unit meets the required energy efficiency standards, which typically involve energy modeling, certification from third-party energy raters, and potentially upgrading insulation, HVAC systems, windows, and other components of the building to meet the necessary performance levels.Energy Modeling: Typically, you'll need to pay for an energy consultant or engineer to model the building's energy performance and ensure it qualifies for the credit.
Chris Crawford
Selling A House And Giving Previous Owner Proceeds
28 January 2025 | 4 replies
You should consult a tax professional for an answer based on your unique situation, this is not tax advise just general information.
McKenzie Stouffer
New STR in South Carolina
28 January 2025 | 4 replies
I am actively expanding my STR consulting business!
Wes Y.
Selling SFH, Capital Gain Exclusion
23 January 2025 | 1 reply
Then rent the bigger home out using a property manager, allowing her to possibly cash flow and maintain that asset and let it continue to grow in value.Encourage her to consult with a CPA or tax attorney to explore the best strategy tailored to her situation.
Danielle Levy
Filing lawsuit against property management company
29 January 2025 | 20 replies
We consulted here because we're certain they truly were negligent.
Felicia Vinces
What makes a good seller financed deal?
28 January 2025 | 3 replies
Key Factors for a Good Seller-Financed DealCash Flow: Rental income should exceed monthly payments (PITI) by at least 1.25–1.5x.Purchase Price: Compare to ARV and market value for fair pricing and equity potential.Interest Rate: Aim for competitive rates; higher rates must still allow positive cash flow.Amortization/Balloon Terms: Favor longer amortization and align balloon payments with your exit strategy.Down Payment: Lower upfront costs reduce risk but should meet the seller's expectations.Flexibility: Seek no prepayment penalties and fair late-payment clauses.Property Condition: Ensure the property’s condition matches terms through inspections.Seller Motivation: Assess the seller’s willingness to negotiate favorable terms.Exit Strategy: Have a clear plan for refinancing or payoff at term end.Portfolio Fit: Ensure the deal aligns with your financial goals and risk tolerance.Vetting multiple deals and consulting professionals is crucial to making sound decisions.
Praveen Kumar
Rent to retirement
27 January 2025 | 6 replies
Also we are scheduling some consultation with lenders. what are the questions to ask the lender and also how to choose a good lender for investment properties moving forward ?
Leeling Chew
Best Course of Actions To Remove a Difficult Tenant
27 January 2025 | 6 replies
You should consult a lawyer to completely understand your responsibilities and your liabilities as they are magnified when renting room by room.
Manuel Angeles
Affordable Housing Development Capital Stack Structures
17 January 2025 | 7 replies
For me just too much work.. as I stated its a specialty niche.. plus putting the deals together can run 100 to 250k in consultant fees up front.
Nicholas Woo
what are your thoughts using Anderson advisors?
21 January 2025 | 31 replies
But I like the idea that everything's under one roof with their Platinum package and get unlimited consultations, emails from their legal team as opposed to billable hours.