Have you inherited an apartment building recently? It may be better to sell it now rather than later because of your stepped-up basis. Check with your tax advisor to find out whether it’s best to sell now… Inherited Property The basis of property inherited from a decedent is generally one of the following. The FMV…
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A common practice when closing the sale of an investment property is for the seller to give the buyer a credit for any security deposits held by the seller and any rent that is to be prorated between the seller and buyer. If the seller is doing a 1031 exchange, it’s important to understand how…
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Commercial Investment Strategies, LLC (CIS) specializes in transacting multifamily sales of apartment buildings. Hawaii apartment building sales. Whether you’re a buyer or a seller, CIS can help you achieve your investment goals through professionalism, attention to detail, and efficiency. Check out our available Hawaii properties and Hawaii apartment buildings for sale [txp_properties_map_listing height=250] [easy_query post_type=”property” taxonomy=”property_category”…
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I know, I know, it’s absolutely confusing. Why does property A have expenses totaling 8% of the gross while property B has 38%? Why isn’t this calculation standardized? Both are hollow-tile walk up buildings, both are located in the same area, and both have the same utility services. The answer is simpler than you think:…
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I recently joined Bigger Pockets, a real estate investing forum that specializes in discussing cash flow and is mostly geared to the investor. I’ve been looking for an audience to discuss my expertise with for a long time now, and Bigger Pockets seems to be just that–a community of savvy and sophisticated investors dedicated to…
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Do you know that 100% AMI per Bill 7 allows for: $2,260 for a studio. $2,411 for a 1BR. $2,848 for a 2BR. $3,243 for a 3BR. $3,646 for a 4BR. Rents do not include utilities. https://lnkd.in/eBhUkTZ (* Per Bill 7 authors, Mel Kaneshige and Marshall Hung’s, informational presentation about Bill 7) #LinkedIN View A…
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