Hello- does anyone know more details about this? If it passes, would a property owner that builds an ADU on their property qualify for the middle income housing tax credit if they rent it to qualified tenants (those w...
I understand the $8000 tax credit must be repaid if the owner sells the property within 3 years. I have an older relative who just bought a house and got the credit. He plans to occupy the house as his primary resid...
For those that are actively investing in low income housing, what are some pros and cons you have experienced in doing so? Do you buy existing properties or develop?
Hi BP,So, I'm under contract on solar to be put on my 4plex in Tucson AZ. I pay the utilities and I will always pay the utilities at this house. All four units are travel nurse mid-term stay housing, so it makes sense...
I’m thinking of putting solar panels on my rental but on the 9 storage units, not the duplex itself. Any suggestions?
BP folks,I am working to put together the following project and would sincerely appreciate any guidance on developer compensation. The project is the new construction of a 100-130 unit residential apartment building ...
Good evening BP community,I am curious whether or not this is a presence on BP of whom are investors and/or owners of any section 42- tax credit assets throughout the country?While there are many nuances associated wi...
Has anyone in the Kansas/Missouri area dealt with New Market Tax Credits?
I have a project coming up in Ottawa, Kansas and heard something about New Market Tax Credits so, I was interested to see if I can apply them...
I need to close my retirement account ( similar to 401k here ) in a foreign country. can I roll them into a 401k rollover account to postpone income tax?
Ok, I purchased a home earlier this year. I got an fha loan and I borrowed 10,000 extra dollars for repairs. On my taxes can I claim the extra 10,000 dollars or just the purchase price of the home? If I claim the e...