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Mr. Nice! posted:the building is mixed use with a single owner. the retail spots on bottom are vacant but all of the residential spots up top are not. that gives you income from the residential units, and no income from the vacant units, with deductions based on depreciation and maintenance/utilities for each. where is the vacant unit tax deduction, and how is that economically preferable to making money from the unit. tax is a rarely the biggest motivator. any of my real estate clients would vastly prefer to have $65 after tax from $100 of rental real estate income than $0 from $0 of rental real estate income. institutional investors that own multi family mixed use properties want IRR/cash flow and they want it now.
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Dec 28, 2017 16:54
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most buildings downtown here have their retail stuff on the second floor, because it's the skyway level. if there is something on the ground level, it's usually restaurants.
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Dec 28, 2017 17:10
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cool startup feel posted:What? How does a vacant rental generate cash? Can you give an example of why it would be beneficial to have a rental property without a tenant? I'm way over my head talking about taxes, but it's my understanding that you can borrow against equity, do exchanges in kind to defer taxation, all while claiming depreciation losses. So it's double dipping or dodging capital gains that's difficult to do while maintaining a tenant. I'll defer to your knowledge though if that's insane as I'd rather not know anyway 
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Dec 28, 2017 17:10
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tenants = risk they also mean remodeling if the space isn't up to code and a lot of vacant retail is that way because the owner wants someone to buy it and do a teardown
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Dec 28, 2017 17:31
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Pittsburgh Fentanyl Cloud posted:Street level retail and dining is pretty standard on most high rises I've seen here or in Chicago or NYC though? That's the key. Most. There's plenty of buildings that don't bother to have any and are strictly single purpose. It's hardly harmful to not have it. Especially because there will often be something right nearby that's wholly given over to the retail eg most of the new Wtc site is dedicated offices because there's also a big ol underground mall facility that's not part of any one building
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Dec 28, 2017 17:34
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i will never stop refuting the notion that i've chosen the wrong hill to die on. this is technically a slope
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Dec 28, 2017 17:41
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in other news I got hit by a car today; I’m sure if it had been self driving this would have been prevented or it would have thought I was a speed limit sign and accelerated
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Dec 28, 2017 17:47
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"Siri, now back over that man to make sure he's dead"
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Dec 28, 2017 17:59
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First response probably should have been sorry you got hit by a car- so about that, sucks that you got hit by a car. Were you doing something stupid like biking in a bike lane or attempting to cross a road that had no raised walkway?
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Dec 28, 2017 18:01
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TimWinter posted:"Siri, now back over that man to make sure he's dead" feature comes standard in chinese models along w/ the hepa cabin air filtration and continuous honking mode
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Dec 28, 2017 18:01
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fishmech posted:That's the key. Most. There's plenty of buildings that don't bother to have any and are strictly single purpose. It's hardly harmful to not have it. office buildings without ground floor retail contribute to dead streets without pedestrians. no one wants to live near an office building that offers nothing for its neighbors. thats how you end up with dead cbds and inner cities where no one wants to be.
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Dec 28, 2017 18:26
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kwinklesOFFICIAL posted:office buildings without ground floor retail contribute to dead streets without pedestrians. no one wants to live near an office building that offers nothing for its neighbors. thats how you end up with dead cbds and inner cities where no one wants to be. You're talking about your garbage suburb. This isn't true in actual cities.
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Dec 28, 2017 18:41
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Also the very idea that everyone should want to live next to every other building, lol Transit exists for a reason dumbass. You shouldn't care that someone doesn't want to live next to 9/11
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Dec 28, 2017 18:44
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fishmech posted:You're talking about your garbage suburb. This isn't true in actual cities. bullshit CBDs with limited retail are terrifying at night. no one wants to live there so they are totally deserted, except for you and your soon-to-be mugger just off the top of my head, new york city's financial district or certain patches of the chicago loop or hell most of downtown dc fit this description.
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Dec 28, 2017 18:45
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fishmech posted:Also the very idea that everyone should want to live next to every other building, lol it's a problem at night. it's really just not-great city design to have large swathes of land with no 24/7 usage lots of dull places during the day are hazardous and frightening at night, and that's generally a Bad Thing
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Dec 28, 2017 18:46
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the mild degree of escalation alone is enough to disqualify this thing as a hill, and furthermore
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Dec 28, 2017 18:46
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saw an uber self-driving car in Scottsdale AZ over the holidays there was someone driving it
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Dec 28, 2017 18:50
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Notorious b.s.d. posted:bullshit You're a moron if you think "there isn't retail in literally every building" is "limited retail" lmao Also glad to hear you're terrified of nyc at night like some sort of Iowan moron. Get therapy
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Dec 28, 2017 18:57
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Notorious b.s.d. posted:it's a problem at night. it's really just not-great city design to have large swathes of land with no 24/7 usage What part of a skyscraper residence isn't 24/7 usage lol
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Dec 28, 2017 18:58
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#notallhills
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Dec 28, 2017 19:05
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TimWinter posted:First response probably should have been sorry you got hit by a car- so about that, sucks that you got hit by a car. Were you doing something stupid like biking in a bike lane or attempting to cross a road that had no raised walkway? the second one; I was crossing a street with a stop sign and had the foolish expectation that being partway through the crosswalk would reinforce not just rolling through the stop while not paying any real attention
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Dec 28, 2017 19:07
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lancemantis posted:the second one; I was crossing a street with a stop sign and had the foolish expectation that being partway through the crosswalk would reinforce not just rolling through the stop while not paying any real attention never trust anyone in a car, ever they are all sociopathic shaggars who are on their phone and yelling at their kids and trying to drink coffee at the same time
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Dec 28, 2017 20:30
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qirex posted:never trust anyone in a car, ever they are all sociopathic shaggars who are on their phone and yelling at their kids and trying to drink coffee at the same time
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Dec 28, 2017 20:34
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the last 10 pages itt, as read by acclaimed actor al pacino https://www.youtube.com/watch?v=7oXtISrMwVc
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Dec 28, 2017 20:45
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in actual tech bubble news the uber/softbank deal appears to have gone through, sadly a bunch of people have now made money off of uber
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Dec 28, 2017 20:46
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fishmech posted:Also glad to hear you're terrified of nyc at night like some sort of Iowan moron. Get therapy i live in nyc, jackass. you're a fool to go places that have no people at night. enjoy being mugged, i guess?
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Dec 28, 2017 21:01
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how did i miss this xmas miracle https://mobile.twitter.com/ByYourLogic/status/944796704733323264
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Dec 28, 2017 21:05
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Notorious b.s.d. posted:i live in nyc, jackass. ah, but if there are no people, then who is mugging you? hmm??
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Dec 28, 2017 21:06
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Elder Postsman posted:ah, but if there are no people, then who is mugging you? hmm?? something less than human
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Dec 28, 2017 21:07
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a chud, if you will
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Dec 28, 2017 21:07
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Elder Postsman posted:ah, but if there are no people, then who is mugging you? hmm?? mugging by autonomous drone. disrupting the armed robbery industry
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Dec 28, 2017 21:12
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H.P. Hovercraft posted:how did i miss this xmas miracle what the gently caress why how aaaaaaaggggggggg 
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Dec 28, 2017 21:26
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I’m bi prime
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Dec 28, 2017 21:41
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fishmech posted:You're talking about your garbage suburb. This isn't true in actual cities. lol this is wrong as hell old school central business/financial districts that lack evening and night activity (read: are composed entirely of offices with little to no retail/restaurant/residential units mixed in) are lovely in every city I've visited or read about that has one, and even if it doesn't always mean they're dangerous it sucks and represents a lot of wasted economic and civic/social potential unrelatedly... qirex posted:never trust anyone in a car, ever they are all sociopathic shaggars who are on their phone and yelling at their kids and trying to drink coffee at the same time
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Dec 28, 2017 21:47
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SO DEMANDING posted:what the gently caress why how aaaaaaaggggggggg ✅ White ✅ Rich ✅ Connected It's a literal and metaphorical "Get out of Jail Free" card.
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Dec 28, 2017 22:02
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nepotism is a hell of a drug
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Dec 28, 2017 22:05
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"pivoting" aka moneyed people have invested into this corporation and by god they're going to get a return, even if we have to turn this social media for hats company into an alibaba redistributor
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Dec 28, 2017 22:30
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H.P. Hovercraft posted:how did i miss this xmas miracle looooooool
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Dec 28, 2017 22:34
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lol actual medtech vc's gave dfj so much loving poo poo over this poo poo tho
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Dec 28, 2017 22:34
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H.P. Hovercraft posted:how did i miss this xmas miracle
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Dec 28, 2017 22:42
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