I came home for lunch and had unknown and extremely rare condition in my spinal cord bleed.

The buyer can not benefit from the 1031 Exchange unless he acquires adequate replacement property to satisfy the 1031 Exchange requirements.

Also I didn't know they had investment conventional loans they sound like they are extremely hard to get in this 'jump through hoops for finance market'.

My clients are generally satisfied with that type of yield since they can borrow money at much lower rates.

Sorry to rehash an aging thread, but...I have an extremely wealthy friend who owns nothing but his home and an office space as far as real estate goes.

Account ClosedOr another way of looking at it... if there is a cap rate of 10% and the expenses just rose $11,000 per year in increased flood insurance premium, then the value of that property just declined $110,000.I would be EXTREMELY cautious about buying any flood area property as the costs are slated to rise in successive years per the law, and I would be looking to get out of any flood property now before rates increase every year down the line.There is the possibility of getting a personal flood certification that shows your property not in the flood zone, but that costs money and must be accepted also.Another alternative is to raise the property.

While Canada has no gift tax and Shahriar could technically "gift" any amount to his relative in the U.S.A. without tax implications at home - the transaction(s) would still be subject to U.S.A gift limits and taxation - he would not be investing at that point and could never "legally" accept any form of capital repayment {gift disguised as a loan} or profit from the gifted capital.The Canada Revenue Agency (CRA) takes an extremely dim view on loans disguised as gifts and, at their discretion, decide that the gift was really a loan or investment and treated as such from a taxation perspective.

More complicated, giving a note as full consideration when the option is made satisfies the true option facet, the note is consideration, but the note is payable even if the option is not taken and if payments are credited to the purchase price, that triggers the financing a purchase agreement.

This is extremely risky.

It's very management intensive and more geared towards the start up community, young self employed people that can work from a desk i.e. tech, and where office costs are extremely high.