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28 July 2019 | 15 replies
@Luc H. approach is the best one.Sooner or later Interest rates will go up and those buying in cities like Vancouver (GVA) counting on appreciation may be faced with a tough situation.
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19 July 2019 | 5 replies
Property purchase from yourself (or an affiliate) does not count as a qualifying asset for purposes of then various asset tests under the OZ rules, so doing the purchase now and figuring out the OZ piece later likely won’t work.Also remember that you need to have capital gains that were triggered within the last 180 days to be eligible for ANY benefits under the OZ rules, including the 10-year tax-free appreciation election.
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20 July 2019 | 13 replies
That doesn't apply to duplexes, as they count 75% of the rents towards your income.
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19 July 2019 | 3 replies
Don't count your chickens yet...
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19 July 2019 | 3 replies
(This goes for rehabs of course - I don’t think it really applies to long-term rentals.)In general no, I would not count on any insurance discount when you’re trying to determine if the cost of the alarm system is worth it.
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22 July 2019 | 3 replies
Honestly if it was a legal billboard location on a road that has a high traffic count there would probably be one there.
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20 July 2019 | 2 replies
@Alexeis Menendez what are you specifically looking for: unit count, purchase price, class of asset, submarket, etc.
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20 July 2019 | 2 replies
We won't have a bank mortgage on Flint, so it won't be counted (as far as we know).The current contract with the Flint residents will be nullified by them signing a "Deed in Lieu of Foreclosure," thus transferring their ownership interest back to the young couple long enough for them to sign it over to us... at which point, we would immediately sign the Flint residents' new SF agreement with us.Flint's folks get to keep their house, the young couple get to try on Walnut for size, no one has to come up with a down payment, and we get 2 cash-flowing properties out of the deal!
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20 July 2019 | 0 replies
An architect is best left to refine the research and the minute details of the zoning code, after you as the developer have found the site, identified the zoning, done the math to determine that the zoning density, site area, and unit count that work for your type of development project.
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31 July 2019 | 6 replies
Event posts on facebook never are an accurate way to get a head count for an event as it cost nothing to click going or interested.So how many actually attend?