Billion Dollar Loft – How to Make Tons of Dough in Downtown Los Angele Real Estate

2018 Make a Billion Dollars in Downtown Los Angeles Real Estate

Make a Billion Dollars in Downtown Los Angeles Real Estate
Make a Billion Dollars in Downtown Los Angeles Real Estate
The Renaissance of Downtown Los Angeles Continues with Huge Benefits

Today, after more than $12 billion of new investment and renovation, the glimmering luster of DTLA is once again shining through.  The revitalization of Downtown is a powerful reminder that we can truly accomplish anything, as we are only limited by our own motivation.  We are empowered by our ability to believe. Place that motivation into action with lessons on how to make a billion dollars in real estate. #dtla #investment #millsact

Downtown is the place to do it:  The Los Angeles Metro rail system, along with the new home-building power of the Los Angeles Adaptive Re-Use Ordinance, gave a huge boost of momentum to Downtown’s rebirth.  Downtown has also benefited from taking advantage of the nationwide trend toward urbanization.

Along with ambitious plans, hard work and determination, thousands of fortunate, brave and savvy Downtown homeowners have gained hundreds of thousands of dollars of equity due to their foresight and willingness to take risks. Downtown has more than doubled in size since 2000. The dramatic profit opportunities have just begun.

Now that the Downtown real estate has stabilized with a massive infrastructural boost behind it, recent annual home price gains have also been stable for several years. Fortune continues to favor the bold while the nay-sayers lose out and the scaredy-cats are got left in the dust. The L.A. Loft Blog has helped countless Downtowners to make extreme gains in personal wealth for the last 6 years. After 2017’s extra huge run-up of stocks, bitcoin, home prices and other assets, it is time to plan for a coming plateau or downturn by liquidating some of the riskiest assets and holding plenty of cash and precious metals. This may be the last long term cycle to load up on cash as fiat currency will eventually suffer a shocking collapse, losing to decentralized cryptocurrencies

Because homeowners are doing so well with their Downtown real estate investments, it’s difficult to find bargains these days. But they do exist! Investors and would-be Downtowners can get a free list of Downtown distressed properties at http://www.DowntownLAForeclosures.com. Home buyers can also take out some of the risk with a Buyer Savings Guarantee, or Downtown buyers can reduce the risk on the investment with the Love Your Loft Guarantee.  Home sellers and buyers can find out what the loft down the street sold for at www.LALoftPrice.com.

Massive research combined with creativity has long been the key to making the most of Downtown during hard times, and new thinking is also the key to capitalizing on its current boom.  Artists have for decades turned ugly, nearly abandoned buildings into beautiful live-work spaces using artistry and ingenuity instead of cash.  The L.A. Loft Blog recently proclaimed that Downtown Los Angeles has made the transition from economical barrio to luxury neighborhood.  Now that the gravy train has arrived (and unfortunately pushed out many starving artists), Downtown is gaining a more wealthy crowd of creatives.  The next steps and next opportunities in Downtown are to complete the transition by transforming the remaining poverty-stricken parts of Downtown (namely Skid Row), maximizing the opportunities and adding lots of polish to the new creation.

Forbes Magazine lists the newest billion dollar startups to invest in.  Business Insider reveals where the technology industry is heading.

 

Opportunities are knocking in Downtwon Los Angeles!

Investors and first time home buyers don’t want to miss new construction, Mills Act, distress sales, bank owned, for sale by owner,expired, foreclosuresREO, company owned, estate sales, probate sale, escrow fallouts, cancelled contracts, expired listings, listings on hold, vacant homes, divorce sales, auctions, pre-auctions, pre-foreclosure, raw loft, off market, private listings, unlisted lofts, pocket listings, need-to-sell now homes and unclaimed homes. Other homes have big advantages with low HOA dues or reduced property taxes.

There are still some underpriced Mills Act homes in Downtown Los Angeles that offer big property tax benefits for helping to maintain beautiful historic buildings. Get a free list of Mills Act lofts. Fill out the online form:

  1. SB Grand Lofts – FOR SALE
  2. Higgins Building – FOR SALE
  3. Puerta Del Sol – FOR SALE
  4. Alta Lofts – FOR SALE
  5. Little Tokyo Lofts – FOR SALE

The L.A. Loft Blog gave super profitable investment suggestions in 2017, including real estate, Bitcoin and stocks.  This year, however, is different. Stocks are frothy at the beginning of 2018. With this kind of potential irrational exuberance, stock investors should be extra cautious. In fact, at this point in the long term economic cycle, there is likely to be more profit in shorting stocks as crash pressure is now building up to dangerous levels as indicated by stock market price to income ratio, long-term cycle length and employment levels as a lagging indicator.  It’s a great time to think about selling some stock after the recent huge run-up.   After a crash will be an ideal time to purchase stocks that benefits from the coming dominance of AI Artificial Intelligence, Deep Learning, Quantum Computers and Robotics.  These will be companies like Applied Materials, Boston Dynamics. D-Wave, IBM, and Google. Seek out smaller start-up versions of similar companies for even more explosive growth and profit.

There’s no need to risk buying a bad deal. By gaining built-in savings with lower property taxes, Downtown loft owners are enjoying all of the benefits of our great urban renaissance while living in wonderfully modernized old buildings of historic character, high ceilings that pay back many thousands of dollars of financial benefits. Get a free list of Mills Act lofts. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE UNDER $500,000 | Popular | Top Luxury
Browse by Building | Neighborhood | Size | Bedrooms | Pets | Parking

 

Best Deals in DTLA Real Estate are Not on the Market
Best Deals in DTLA Real Estate are Not on the Market

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

*seller and Corey must agree on price and time of possession – details and conditions visit coreychambers.com

Real Estate Taxes 2018 Downtown Los Angeles California Lofts and Condominiums

TAX REFORM

Tax Reform 2018 Downtown Los Angeles, California Property Taxes
Tax Reform 2018 Downtown Los Angeles, California Property Taxes

REAL ESTATE NEWS

As tax laws have changed at the beginning of this year, the L.A. Loft Blog presents this article to help homeowners, buyers and sellers to gain a basic understanding of the changes, and to minimize any drawbacks while taking full advantage of the financial benefits of the new rules.  While different items such as exemptions and deductions have gone up or down for various people, this post will focus on taxes that relate to L.A., CA real estate. For Downtown LA, owners of historic lofts continue to receive financial benefits through the Mills Act property tax law.  #taxreform #taxes #2018

Taxes depend on several factors such as whether the homeowners are single or married, and whether they meet several IRS rules.  The first $250,000 of profit is usually tax free for single ($500,000 for married). Several factors may be taken into consideration such as property improvements and expenses.  If it is not the property owners primary residence, they might be able to do a 1031 exchange when selling and buying a similar property. #millsact

Contact a tax professional, such as a CPA Miklos Ringbauer, or there are also some highly rated Downtown real estate tax professionals such as:

Pinnacle Tax Services – Tax Services, Accountants, Financial Advising
520 S Grand Ave, Los Angeles, CA 90071 (877) 224-0217

Buchalter – Bankruptcy Law, Real Estate Law, Tax Law
1000 Wilshire Blvd, Los Angeles, CA 90017 (213) 891-0700

Mills Act Tax Benefits

Mills Act Historic Lofts
Mills Act Historic Lofts

It sounds almost too good to be true to get paid to live in an artistic landmark and architectural masterpiece. But it is a fact. Many DTLA homeowners report savings of several thousand dollars per year off of their property taxes thanks to their amazing old building.  For helping to maintain the original look and character of the structure, homeowners have been getting up to 2/3 off of annual property taxes.

In addition to the amazing uplifting character of high ceilings and unique details, the Mills Act provides a great financial advantage for buyers and owners of approved historic loft condominium units, some of the most beautiful buildings in Downtown Los Angeles.

Get a free list of Mills Act properties. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]

Lofts For Sale     Lofts For Rent Lease Downtown Los Angeles DTLA    

SEARCH LOFTS FOR SALE:  Affordable  |  Popular  |   Luxury
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking

Historic Buildings in Downtown Los Angeles
Historic Buildings in Downtown Los Angeles

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 This article provides general real estate information only that is not meant to be taken as financial advice. For personal tax advice and financial planning, readers must consult with a licensed financial professional such as Certified Public Accountant and Certified Financial Consultant. We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.