Doral Warehouse for Sale

5951 NW 102 AVE      $300,000

Corner unit, Upstairs and downstairs offices, one street level bay.  1,523 sqft., A/C inside warehouse.

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Want to learn more: Call or email:

Richard Recuset-Broker/Owner   786.471.5228

“Doral Real Estate Specialist”

“Si usted no dispone del tiempo y/o no posee los conocimientos, entreguele la propiedad en manos de un Corredor calificado”

*Nothing in this article is intended to solicit listings currently under contract with another broker.  This article offers no legal or tax advise and is for information purposes only.

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Doral Property Management

We help investors invest in rental property in the greater Miami, Fl area. 

We offer
Full service Property Management
Joint venture partnerships
Real Estate secured fixed rate of return investment opportunities with returns as high as 12%

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Another day in the life of a Real Estate Broker in Doral, FL

Here I am on a beautiful sunny south Florida day prospecting and getting to know my area of work. I specialize in the office and warehouse market of Doral, Fl.

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1031 Like-Kind Exchanges

5 things to know:

  1. Section 1031, which allows for “like-kind exchanges,” has been in the tax code since 1924.
  2. A 1031 like-kind exchange is not a tax “loophole, “ but rather a referral-the owner pays tax on the property when it is ultimately sold for cash, as opposed to when it is exchanged for another property.clip_image002
  3. Any cash you receive as part of the deal – for example, if the property you receive is valued lower than the one you exchange if for and you receive cash for the difference –is taxed as partial sales proceeds (usually at the capital gains rate).
  4. 1031 exchanges are only allowed for investment or business property, but in some cases can be used for properties such as vacation homes, and for tenants in common real estate.
  5. Timing is important. A “replacement property” must be designated within 45 days of the sales of your property, and you must close the deal on the new property within six months (180 days) of designating it.

Lot’s of 1031 exchange opportunities in Doral!

Want to learn more: Call or email:

Richard Recuset-Broker/Owner

786.471.5228

“Doral Real Estate Specialist”

“Si usted no dispone del tiempo y/o no posee los conocimientos, entreguele la propiedad en manos de un Corredor calificado”

*Nothing in this article is intended to solicit listings currently under contract with another broker.  This article offers no legal or tax advise and is for information purposes only.

Posted in 1031 Exchange, Doral Business, For Sale, Lease, Office, Office Warehouse, Retail, Taxes | Tagged , , , | Leave a comment

Energy Deductions

ENERGY DEDUCTION 179D: The Section 179D deduction in the Internal Revenue Code encourages greater energy efficiency in our nation’s commercial and larger multifamily buildings, by allowing for cost recovery of energy efficient windows, roofs, lighting, and heating and cooling systems meeting certain energy savings performance targets. Without section 179D, the same energy efficient property would be depreciated over 39 years (nonresidential) or 27.5 years (residential). This provision expired at the endof 2013, but in December 2014 Congress passed H.R. 5771, which retroactively reinstated the limit on it to $500,000 to cover the 2014 tax year. Currently there are no bills to reauthorize section 179-D, so for the 2015 tax year the limit has been reduced to $25,000.

Source:

National Association of REALTORS® Issue Brief
Commercial Real Estate
August 2015

“Doral Commercial Real Estate Specialist”

“Si usted no dispone del tiempo y/o no posee los conocimientos, entreguele la propiedad en manos de un Corredor calificado”

*Nothing in this article is intended to solicit listings currently under contract with another broker.  This article offers no legal or tax advise and is for information purposes only.

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1031 Exchange Update

1031 LIKE KIND EXCHANGES: Under both the House and Senate tax reform proposals released in the 113th Congress, Section 1031 is repealed, and further, the President’s budget for Fiscal Year 2015 proposes limits on the deferral provisions of Section 1031. Although none of these proposals progressed in the 113th Congress, if tax reform plans are introduced in the 114th Congress it is likely that they will borrow heavily from the previous ones, so Section 1031 is still at risk. Thus far, no tax reform plans have been introduced in 2015.

Source:

National Association of REALTORS® Issue Brief
Commercial Real Estate
August 2015

“Doral Commercial Real Estate Specialist”

“Si usted no dispone del tiempo y/o no posee los conocimientos, entreguele la propiedad en manos de un Corredor calificado”

*Nothing in this article is intended to solicit listings currently under contract with another broker.  This article offers no legal or tax advise and is for information purposes only.

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Doral Commercial Loan available

For those who may be purchasing a commercial property or Refinance.

Highlights :

No appraisel Fee

No Origintion Fee

No Application Fee

Title work paid by bank

Fixed or Prime based rate options

We will match or beat any rate option.

** commercial property 4 units or more, shopping centers, warehouse, free standing building, etc. ( no residential in Company name)

Key Points:

Down payment 10-25% and in some case we can borrow the Down from the SBA.  All the client pays in the Florida Doc stamp fee for loans and escrow property taxes. That’s it pretty much !

Available for investors (rent out the space) or operational businesses.

Please feel free to call me in regards to any questions you might have.

 

Richard Recuset

786.471.5228

“Doral Commercial Real Estate Specialist”

“Si usted no dispone del tiempo y/o no posee los conocimientos, entreguele la propiedad en manos de un Corredor calificado”

*Nothing in this article is intended to solicit listings currently under contract with another broker.  This article offers no legal or tax advise and is for information purposes only.

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