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21 July 2024 | 2 replies
(You’re protecting equity/your net worth, if you don’t have anything you don’t need an umbrella.)I used USLI for a long time but they changed their standards a couple years ago and wouldn’t offer more than $1-2m if any property had a pool.
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19 July 2024 | 36 replies
The last test I took was 3.5 hours long.
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21 July 2024 | 10 replies
Similar green energy investments could be considered if you can make the numbers work (credits on some types of low income housing can be north of 50%).Depending on how long these properties have been held, they could consider implementing cost segregation studies via a change in accounting method to accelerate some depreciation.The operating proceeds could be re-deployed into new properties where cost segregation is an option to accelerate depreciation to offset proceeds.If the properties are low basis and we are not maximizing the 199A deduction, maybe considering an S-Corp structure for management to be able to participate in retirement plans and also generate wages to use as a 199A base.
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21 July 2024 | 54 replies
So I'll try to make a long story short.
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21 July 2024 | 1 reply
I don't like the terms and would try to avoid.We could still do a conventional loan and if I'm not mistaken it'd be this whole "gift money" thing so the shared ownership wouldn't be recognized legally.
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17 July 2024 | 14 replies
And if so, do you know of a good mid term property manager here?
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19 July 2024 | 12 replies
Not sweating the small stuff and focusing on the big picture and long term really makes things easier.
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20 July 2024 | 4 replies
I would appreciate any advice or suggestions on how this figure might be reduced or if there are any terms that could potentially be negotiated.Thank you for any assistance.
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18 July 2024 | 7 replies
Long term parks are more like mobile home parks, but the home is much more mobile.
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19 July 2024 | 1 reply
In a long-term context, May vacancy rate is 0.5 percentage points lower than the 4.8% average recorded since the beginning of Q2 2014.Market OutlookREIS's new construction analysts report that 6.9 million square feet of new multi-tenant warehouse/distribution inventory will be introduced to the metro by the end of the year, and net total absorption will be positive 9.1 million square feet.