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I’m under contract for a commercial building in a designated historical district. It’s also in an Opportunity Zone. I have some options on what to do with it, but one of the main mysteries is how the tax credits work ...
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Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $1,380,000
Cash invested: $3,500,000
Converted a warehouse mixed use historic building to 26 apartment...
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Hi All. Has anyone restored or renovated a historic home or one in a historic district? I landed a great deal on one and the bones are pretty solid. It was built at some point in the 40’s and everything is in really g...
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Hello BP,
I am interested in getting information on getting a loan for a building type that I am not very familiar with. I am putting a restaurant in a smaller town in Georgia and it makes more sense to purchase one ...
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Hypothetically, as a builder / developer, would you pay a slight premium for property that has the federal historic tax credit of 20%, a state historic tax credit of 25% and a city empty building tax credit of 25% - c...
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I am looking a 16000 SF building in a historic part of town. I am aware of the state and federal government offering developers tax credits for rehabilitation and preservation of certain buildings. This is one of thos...
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Yesterday, I read about a Rehabilitation Tax Credit that provides what appears to be a 10% tax credit for restoration and rehabilitation costs do properties built prior to 1936 or a 20% credit foe those that are certi...
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Hello BP Team. I am looking at a project that is a historic building that sits in an Acre and is 8700sf . very walkable to lots of amenities,restaurants,grocery, schools, government offices e t c.in the past i have ...
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Are well maintained old homes in historic districts good investments for rentals and/or to live in for a while too…???
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Hello all,I found a commercial property for sale in Frederick, Maryland. It is currently a empty synagogue and a historic building. I am completely uneducated when it comes to what is needed to be known about being ab...