Las Vegas Real Estate Investment
The Luxury Group real estate investment for the seasoned investor, or if you would like to learn more about real estate investing, we are qualified to help you.
Certified Commercial Investment Member:
Certified Commercial Investment Member (CCIM) is a rigorous program covering residential and commercial real estate investments, combining academic study with actual investment transactions on behalf of clients. Jon Licata and Adam Crisafulli are presently candidates for membership.
How do I select an investment property?
We will help you define your goals for real estate investing, including your needs for income, appreciation, and tax benefits, as well as your willingness and ability to manage the property yourself or, alternatively, to hire a property manager. Based on this careful analysis, we will then begin to identify properties that match these criteria. We will examine a property's financial performance using spreadsheets that allow us to plug in and evaluate various scenarios. Prior to purchasing any property, we suggest you meet with your tax advisor, and we also help you define a long term exit strategy based on your desired investment horizon or holding period .
Residential, Land or Commercial investments? YES!
We have extensive experience helping our clients buy and sell residential income properties, from single family homes to duplexes and four-plexes, through multi-unit apartment complexes. We've negotiated purchases, leases and sales of offices, warehouses and retail buildings. Finally, Jon Licata has worked with a number of clients to assist their purchase, development and eventual sale of High Rise properties.
What tax benefits or estate planning strategies are available?
Depending on your unique circumstances, a broad array of tax advantages may be available to you, including depreciation, personal residence tax exemptions, tax deferred exchanges (called 1031 exchanges or Starker exchanges), and certain write-offs. It may be possible for you to reposition your assets to better suit a change in your financial circumstances, or even to create new estate plans for your heirs, without any immediate tax liability. We would be happy to meet with you and your tax adviser to help you take advantage of these strategies.
What is a "cap rate"?
A property's capitalization rate is a calculation of the relationship between the property's price and the rate of return it generates, given its income less certain expenses. Cap rates vary widely across various property types, geographic locations, and under different interest rate and business environments. We'd be happy to share with you the kind of cap rates available in today's markets. .