If you are planning an acquisition or budgeting for your existing portfolio, you have asked yourself the question, “how much should I set for reserves?” Recently, my friend John and I were chatting about how smart money follows a basic premise when making...
If you’re like most long-term commercial real estate investors, you’re holding your properties to avoid paying the capital gains tax. I don’t blame you. Who likes paying taxes, anyway? No one. But if you’re like most long-term commercial real...