Depending on the facts and circumstances of the agreement, it could either be treated either1) the sale occurs as of the original agreement date, and then your taxable gain is generally spread out over the life of the principal payments as an installment sale (although I should mention any depreciation you've taken on your property could affect this), or2) the sale does not occur until the lease option is exercised, and gain reported at that time.

If you have A1 Able do it, it is way too expensive and they don't guarantee that it won't spread to other units in the building.

Quote from @Susan Maneck:  I'm sorry it is not the Dems who are banning books, but since you think the problem that led to communism was the spread of ideas, I can see why you would find books dangerous.

@Cam Schwartz Hi Cam, would you share your spread sheets with me as well?

It will only get worse.Hard pass unless he brings an extremely narrow expertise.

Click the magnifying glass in the upper-right corner, enter your criteria, then narrow the focus down by blog, forum, or other categories.To be honest, the search feature in BP is lacking basic functionality.

Try to narrow down your options to the top 3-4.

If it's not a corner parcel and there's no access to an easement alley on the side or rear you will also require a breezeway on the ground level which narrows the ground level footprint and depending on the width of your parcel, can make the commercial space less marketable.

Your goal should be to have performance cap rates at 7-8% on something with a market cap of 5-6%, which gives you a healthy 200 basis point spread from the going market rate. 

@Chris Seveney My Original Spread was this..$395,000 + $70,000 (repairs) = $465,000 - $50,000 (down payment) = $415,000 + $10,000 (fees) = $425,000 Loan$610,000 ARV - $425,000 = $185,000 (minus 3 months of holding costs & fees) so I was feeling pretty good about the purchase.