Question: How should the HST work on the acquisition of commercial property?

Assuming the condition is "move-in ready" and you won't have substantial acquisition/rehab costs, it really depends on what your real estate taxes are and what market rent is for a comparable unit. 

Marketing, acquisitions, manager, dispositions.

In performing large Multifamily  project (say 100 units in , C location, low median income) due diligence how could one compare the per door price of the asset being acquired and the price of condos and SFR for sale nearby.In this hot MF market I am seeing that people pay a huge premium for MF doors as compared to condo/ SFR nearby. like to confirm this fact.One deal i was looking at in a southern desirable MF state  had  per door acquisition price was about 70K  and  in the immediate neighbourhood condos were selling from a starting price of 30K and SFR from 110K  Does this analysis raise red flags?

I'm doing mostly CLO (Cooperative reassignments) and 18- 24 month SLO 'exits,' (B to C) following ST or Wrap acquisitions.

I want my next acquisition to be in commercial real estate, specifically Multifamilies. 40+ units.

I have access to the capital to make a series of acquisitions but want to make sure I have a very strong understanding of the market / ecosystem and have the right partners in place to execute.

The most conventional answer is that if the amount if not on the settlement statement and goes through your hands it is boot and taxable - whether or not it was a cost of acquisition of the property. 

We have several in the area in our sights for acquisition. 

There are many types of exchanges not just building for building for cash flow but you can also apply the exchange reserve into some capital improvement as well, not just for the acquisition cost.