The Hidden Profits in Apartments
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Posted in Fall 2006, Society Columns on September 2006
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The traditional sources of profits in apartments, as in most other types of real estate investment, include cash flow, loan amortization, tax shelter through depreciation, and appreciation. But in apartments there are some potential additional sources of profit we should not forget. Miscellaneous income – Laundry – The most common miscellaneous item included in apartments […]

Due Diligence for Affordable Housing
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Posted in Autumn 2005, Formulas and Strategies on September 2005
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If you are thinking about getting involved in a multifamily affordable housing transaction, there are a number of due diligence items you will need to include in your investigation that are not typically checked out in a conventional transaction. The Low Income Housing Tax Credit Program (also known as the Section 42 housing program), is […]

Federal Tax Incentives in Renewal Communities
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Posted in Formulas and Strategies, Winter 2004 on January 2004
Stats: 2,453 views and Comments Off on Federal Tax Incentives in Renewal Communities

The 2000 Community Renewal Tax Relief Act authorized the creation of the Renewal Community (RC) Initiative, designed to stimulate economic development in the nation’s most distressed communities. Through this initiative HUD designated 40 of the most distressed communities as RC communities, and Congress provided them with more than $5 billion in tax incentives that will […]