• single story – FOR SALE USD145,000 .
in Caparra Classic, Guaynabo
• single story – FOR SALE USD145,000 .
in Caparra Classic, Guaynabo
• 530 sqft , 1 bath single story – FOR RENT USD1,350 ML . Location!!!
in Condado, San Juan
The Ashford Imperial 1606 is our elegant suite in Condado Beach tourist district. This studio has magnificent views of the shore and city with balcony. As you walk inside open the doors to an ocean breeze of the 16rd floor. The Ashford Imperial condominium has a modern and elegant lobby to receive our guests with a 24 hours concierge. Our ammenities are: small exercise room, reading room with wifi located on the first floor. Coin operated laundry room on the second floor. A swimming pool with jacuzzi. Central air coinditioning, fully equipped kitchen, beach towels, beach chairs.
• 530 sqft , 1 bath single story – FOR RENT USD1,500 ML . Location!!
in Condado, San Juan
The Ashford Imperial 2301 is our elegant suite in Condado Beach tourist district. This studio has magnificent views of the shore and city with balcony. As you walk inside open the doors to an ocean breeze of the 17rd floor. The Ashford Imperial condominium has a modern and elegant lobby to receive our guests with a 24 hours concierge. Our ammenities are: small exercise room, reading room with wifi located on the first floor. Coin operated laundry room on the second floor. A swimming pool with jacuzzi. Central air coinditioning, fully equipped kitchen, beach towels, beach chairs.
Puerto Rico Real Estate provides a full complement of real estate brokerage and consulting services. Our collaborative culture, industry knowledge, extensive experience, and dedicated customer service will deliver successful real estate solutions in Puerto Rico.
Puerto Rico Real Estate, one of the fastest growing commercial real estate companies, provides brokerage and consulting services. Industry knowledge, experience, and attentive customer services drives Puerto Rico Real Estate trajectory.
A streamlined approach eliminates non-productive tasks; Agents have the ability to focus their time and efforts on clients, not corporate bureaucracy.
The modern real estate market requires an aggressive marking strategy, utilizing innovative concepts including current social media trends. Puerto Rico Real Estate delivers what the market requires.
We are able to focus 100% of our efforts on meeting or exceeding your needs. Due to this structure our Brokers can spend far more time on far fewer client accounts than any other puerto rican real estate service company.
Atlantis Luxury Condo for sale in San Juan Puerto Rico. If you are moving and looking for High Rise Apartments and Luxury Condos for sale in San Juan, Puerto Rico look no further. Atlantis offers the perfect environment for a new home, vacation, or investment property in the Caribbean. Relocate to the beautiful island of Puerto Rico and enjoy the tax shelter incentives provided by Act 20, Act 207, and Act 22.
One master room, 2 full baths, 2 on site parking spaces
Includes: Stainless steel appliances (Stove, microwave, refrigerator) washer/ dryer
In the building: 24/7 concierge, gym, visitors parking•
1350 sqft , 2 bath , 1 bdrm
single story – FOR SALE USD42,000 .
HOA $490 mensual,
$1,350sqft in Atlantis, San Juan
Puerto Rico is now designated as an Opportunity Zone
If you have generated a substantial capital gain from your investments in 2018 – congratulations!
However, you may also be dreading the huge tax bill that’s coming your way.
The good news is that the introduction of Opportunity Zones by the Tax Cuts and Jobs Act in December 2017 can provide you with the perfect investment vehicle to defer that capital gain tax while using the funds from such gain to invest in high-growth opportunities.
Puerto Rico is now designated as an Opportunity Zone, an Opportunity Zone is an economically-distressed community that has been nominated for the designation by the state governor and certified by the Secretary of the U.S. Treasury.
The goal is to incentivize much-needed investments into housing, small businesses, and infrastructure in economically-depressed areas.
The creation of Opportunity Zones allows U.S. investors to defer all 2018 capital gains for 8 years if the profits are reinvested and held in an Opportunity Zone, decrease the amount of such capital gains taxes by 10% and 15% if held for five or seven years, respectively, and also provides a full exemption from capital gains tax on all future capital gains on the invested funds if an investment is held for 10 years, starting in 2018.
Opportunity Zone Map
US Map of Opportunity Zones
Puerto Rico is now designated as an Opportunity Zone, investors only have to reinvest the gains instead of the entire proceeds from the sale of an asset to take advantage of the tax benefits.
Gains from the sale of any capital asset – real estate, stocks and bonds, etc. – can be rolled into an Opportunity Zone investment.
The types of businesses that are eligible for Opportunity Zone benefits are more wide-ranging compared to many previous incentive programs and include investments such as residential rental property businesses, which typically pose lower risks for investors.
Therefore, one of the most practical strategies to take advantage of this tax bill is to buy older buildings in Opportunity Zones, renovate them at a reinvestment cost that is greater than or equal to the purchase price, and then manage the building as a rental property.
For more information, we’ve created a detailed FAQ on the new opportunity zone regulations from the IRS and what that will mean for investors.
Puerto Rico is now designated as an Opportunity Zone, the IRS recently announced some changes to the Opportunity Zone regulations. As a result, almost the entire territory of Puerto Rico is now designated as an Opportunity Zone.
Puerto Rico is almost entirely zoned as an Opportunity Zone, as such, investing into qualified projects in Puerto Rico, which is part of the U.S. and is therefore protected by the same property rights and other legal regulations as are applicable in the mainland, is now a highly strategic investment for minimizing capital gains tax for investors who plan to keep their reinvested capital within the territory.
As a U.S. territory, Puerto Rico enjoys legal and economic benefits that are not available to the neighboring Caribbean islands.
Unlike other Opportunity Zones in the continental U.S., Puerto Rico offers unique opportunities for investors.
A history of debt crises and fiscal mismanagement, coupled with recent natural disasters, has resulted in market conditions in which investors can acquire prime real estate in Puerto Rico at a bargain price.
Also, since it’s easier for U.S. citizens to travel there, it has an increasingly robust tourist industry. Meanwhile, the use of US. dollars minimizes the currency risks.In addition, the real estate prices in Puerto Rico are substantially lower than properties with the equivalent characteristics.
You can find beachfront properties at substantial discounts to counterparts on the mainland and historic old city buildings for almost half the cost of the old city in Cartagena.
With a low acquisition cost and a sound vacation rental market, total returns for real estate investment in Puerto Rico can be as high as 15% to 20% prior to taking into account the benefits available under the Opportunity Zone legislation.
Example: Earning nearly 1000x the original capital by investing in an Opportunity Zone
Many crypto investors have experienced substantial capital gain over the past few years.
For example, an investment of $10,000 in Bitcoin in 2010 would have yielded $4,094,400 if the bitcoins were sold on August 27, 2018 – representing a capital gain of $4,084,400 for the 2018 tax year.
Let’s say this example investor is a single filer living in Miami, Florida (one of the U.S. states with no state or local income taxes nor capital gains taxes) with just under $500,000 of ordinary income in the 2018 tax year.
The capital gains of $4,084,400 will result in a capital gains tax liability of $972,087 at an effective tax rate of 23.8%.
This 23.8% effective tax rate is comprised of U.S. federal capital gains rate of 20% (maximum rate for single filer) plus the NIIT (net investment income tax) of 3.8% (single filer with cap gains above $200k).
This would translate into nearly $1.0 million handed over to taxing authorities!
Puerto Rico is now designated as an Opportunity Zone, instead of selling your Bitcoin, paying up to 23.8% of the profits in the form of taxes, and stashing the net balance in your bank account (just to watch the money depreciate!), you can make a real estate investment in Puerto Rico and take advantage of the Opportunity Zone tax benefits.
Let’s go back to our example: instead of selling the Bitcoin, our investor can invest the $4,094,000 value in a Qualifying Opportunity Zone Fund.
Let’s say he or she invests in the Lifeafar Plaza Colon Puerto Rico Project, which has a projected annualized IRR of 15.4% for investors.
If the investor rolls over his original investment plus earnings ($4,094,000) from the sale of his Bitcoin in the Opportunity Zone Fund and holds the asset for 10 years, they would be projected to receive net rental incomes of approximately $2.9 million over such period ($4.5 million less 35% federal income tax on ordinary dividends at the individual taxpayer level), and he investor’s share of total proceeds on the sale of the asset would be approximately $7.8 million, representing a $3.7 million capital gain over the initial $4.1 million investment.
After 8 years of holding the investment in the Opportunity Zone Fund, in our example the investor would pay only 85% of the original capital gains tax liability from the 2018 Bitcoin sale and zero capital gains tax on the capital gains in the Opportunity Zone investment.
The net post-tax cash returned to the investor would be approximately $9.9 million ($4.1 million investment plus $2.9 million net rental income plus $3.7 million gain on sale of asset, less $826k of 2018 capital gains tax liability).
Now you may wonder, how does this strategy compare to investing in the U.S. stock market?
If we use a historical average return of the U.S. stock markets of 7% and our example investor (single filer Florida resident with income of just under $500k) uses his net cash after capital gains tax of $3.1 million ($4,084,000 cap gain less 23.8%, plus initial $10k) to purchase stock, he would have netted total earnings of $3.0 million in 10 years and would owe $719k in capital gains tax on those earnings, yielding $5.4 million in net cash returned taking into account the initial invested capital.
That’s $4.5 million less than investing in the Lifeafar Plaza Colon Puerto Rico Project Opportunity Zone Fund.
In just 10 years, investing in the Life-afar Opportunity Zone Fund yielded our example investor nearly 1000x of his original $10,000 capital!
Puerto Rico is now designated as an Opportunity Zone, here at Lifeafar, we’re excited to be negotiating several multi-million dollar real estate deals in Puerto Rico. These projects are the perfect investment vehicles for anyone with capital gains to invest in an Opportunity Zone.
These investments in Old San Juan will be converted into hotels and vacation rental properties to benefit from the booming tourist economy on the Caribbean island.
Condo Rental Old San Juan Puerto Rico. The property has many outdoor areas distributed among all its units: interior courtyards, large open patios, sun deck and roof top terraces overlooking the Old City.
• 1200 sqft single story – FOR RENT USD1,800 ML .
in Viejo San Juan, San Juan
Clutter accumulates slowly, but once it takes hold, it spreads like wildfire. One day your counter is sparkly clean, and the next you are struggling to find a space to cut veggies or rest your weary head in your hands. It might seem like it would be a lot easier to call in an expert organizer to get the job done, but decluttering is a skill we all must master in order to keep an organized home. Plus, doing it yourself saves a ton of money, and you might even be able to make some in the process. If you are looking for expert decluttering tips, read on.
Create a Plan of Action
It might seem easier to sort through a kitchen cabinet here and a closet there, but it’s a whole lot easier to stay motivated and see your progress if you go room by room. According to Angie’s List, the best plan of action is to make a list of the rooms that need attention, including less-frequented areas such as the attic, garage, and basement. Then follow these six steps: empty, clean, sort, remove, sort again, reload. Send every item through the clutter test:
Make It a Family Affair
Everyone contributed to the clutter, so it only makes sense that everyone helps with the decluttering too. To get the family involved without begging and nagging, show them how to do it. Make it simple by using the four-box method in which each box is labeled trash, give away/sell, storage, and put away. Assign a room to your spouse, and send the kids off to their rooms. You might have to go through the boxes and encourage them to switch some things around or do another round. Offer incentives and prizes to keep the decluttering ball rolling. You can use this time to help teach your children about the importance of giving back. For example, let your child choose the toys and clothes they wish to donate and take them with you to the drop-off. You could even encourage them to forgo the presents this year and donate, or at least donate a toy for every new one they receive.
Make Some Extra Cash
Decluttering offers the perfect opportunity to make some extra cash by selling your unwanted items. If you have a ton of stuff or have friends or family members to help contribute, you could host a yard sale. Ensuring it is successful requires a lot of work including advertising, labeling, and pricing, and uncontrollable weather could put a damper on things. If you don’t have enough stuff to warrant a yard sale or prefer an easier route, use online selling platforms such as Craigslist, eBay, or yard sale Facebook groups.
Stick with It
Decluttering isn’t a one-time thing; it requires constant effort on your part to keep the clutter from taking over again. If you’re a chronic shopper, avoid the temptation to hit every sale you see and follow the “one thing in, one thing out” rule. Aim to keep at least 20 percent of the space in your cupboards, drawers, and storage units free. Speaking of storage units, all this decluttering might have created a new-found obsession with storage and organization, but don’t go overboard with the organization bins and baskets. Utilize a few storage pieces, but if you start running out of room, use that as a sign that it’s time to purge.
Decluttering seems like an impossible task until you sit down, take a breath, and actually start doing it. It won’t happen overnight, and there will likely be some exasperated sighs and a strong desire to just live in chaos. The tips above will surely make things easier, and the reward of a clutter-free home is well worth it.
• 2040 sqft , 4 bath , 4 bdrm 2 story – FOR SALE USD250,000 . Luxury Real Estate
in Yabucoa, Yabucoa
• 6242 sqft 2 story – FOR SALE USD650,000 . Commercial Real Estate
in Highland Park, San Juan
The property consists of a 517.50 square meters lot improved with two detached mixed commercial – residential multi-unit buildings of two stories, 8 units and 6,242 square feet of gross building area and 5,709 square feet of gross rentable area. All units are rented and are generating income from rent.