CNN: Promise Zones are areas where the federal government provides tax incentives and grants to help communities tackle poverty. Obama first announced the initiative during last year's State of the Union speech.
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Asking for help from experienced investors.We are buying and rehabbing an investment property for Airbnb. It will be an all cash deal so I can minimize the financing fees (buying and refi) paid to hard money lender. I...
Greetings Fellow BP Members:I've been hired to run some BOV (broker opinion of value) and have come across a really interesting one which is giving me some trouble. It's a building in Washington State, specifically Ki...
Hey everyone, might be shooting in the dark here, but has anyone here done a Section 8 (or LIHTC) multifamily development project? I've looked at a few Section 42 properties we could have bought but I've never approac...
Hi Everyone,First time poster here. I am looking at foreclosures in my area. I recently spoke with the lawyer who is acting as committee for the foreclosing bank on a particular property. He stated that the propert...
Not sure if I picked the right category for posting my question. But I recently heard of an idea of renting your primary home from your own business entity. Let's say I want to buy a new house to live in, can I set up...
Just spoke to a developer in Northern Nevada, and he made a comment that was pretty shocking to hear first hand. Apparently, local jurisdictions here are saying they want more affordable housing, but in the same sente...
Does anyone have any experience in getting a structure certified as a historic structure? I am about to be under contract on an apartment building that meets the requirements to become certified assuming I rehab it c...
I am working with Canadians looking to invest in the Upstate NY area. I am curious if anyone know of a Withholding Tax in the US for non-resident? Would this be a state by state regulation or a Federal regulation? Tha...
Trying to help a friend plan - he's got a (3 units) rental in Northern NJ worth about $800-850K (his father transferred it to him as gift or $1 back in 2007). He lives in MA - in trying to sort out likely tax hit for ...