Jeremie Lederer

@AdamHKlein @grok please explain if this is true. Thank you.

When folks use phrases like “please” and “thank you” when prompting AI, it’s estimated that it costs tens of millions of dollars in compute annually. I guess being polite is not free.

@hernandezforny @GovKathyHochul my point is that NYC plans on looking for homes assessed at $1m which means the "market value" is at LEAST $5m, prob even higher. No one who owns a $1m home "market value" will be affected. My guess is that it will kick in north of $7 million "market value". Poor messaging.

@hernandezforny @GovKathyHochul The "assessed value" of a NYC apartment is often 80% (or more) below the real "market value". Hence, the way to tax the "market value" of a $5m property is by targeting properties whose "assessed value" is $1m. Still awful policy, but no bait and switch.

.@GovKathyHochul sold New York on a pied-à-terre tax targeting ultra-wealthy global elites with $5 million second homes. Now it’s been quietly dropped to $1 million. That’s not the same tax. That’s a different tax with the same name. A $1 million condo in New York City isn’t a luxury pied-à-terre, it’s a modest apartment. It’s a retired couple’s investment. It’s a family keeping a foothold in the city they raised their kids in. Albany has a long history of taxing “the rich” and ending up taxing you. This is that story playing out in real time.

@hernandezforny @GovKathyHochul youre right, the assessed value is probably closer to 90-95% less than real value. As an example, my house in Queens was assessed at $35,000 a few years ago even though the market value was closer to $700,000.

@CoreyWriting If ever there was a red line, I would think this is it.

I fear this only contributes to the narrative that Israel is unduly interfering with American institutions.

@netanyahu unfortunately, very low chance this goes anywhere given the "actual malice" bar required for public figures and institutions. Ofcourse, we all know he intended "actual malice" towards Israel just like almost everyone else at the NYT.

Today I instructed my legal advisers to consider the harshest legal action against The New York Times and Nicholas Kristof. They defamed the soldiers of Israel and perpetuated a blood libel about rape, trying to create a false symmetry between the genocidal terrorists of Hamas and Israel’s valiant soldiers. Under my leadership, Israel will not be silent. We will fight these lies in the court of public opinion and in the court of law. Truth will prevail.

@benbstwits 100% agree. Additionally, if you lose your temper with your kids, youre modeling bad behavior for your children which will then carry over to the next generation.

At some point in a man's life, the hardest problem he will have to solve is anger towards his children.

@recostseg You could always do a 1031, even at a loss, to avoid the tax bill.

Warning: If you depreciate a property down near zero and then have to sell your property at a loss during a situation of distress... You could end up giving all the proceeds to the bank AND owe the IRS a big chunk of money for recapture. Long-term tax planning with real estate needs to be coupled with risk management and making sure you don't lose any properties.

@AdamHKlein I would imagine a high-end TI package and free rent was included.

Like I was saying…

@Mr_Neutral_Man @TheWeezGuy I havent been seeing IOS trading (in 2026) for less than a 6 cap, have you? You cant put long-term debt on something that sells for less than debt because of negative leverage. I certainly wouldn't. As far as discounts, REITS always trade at a discount to NAV.

@TheWeezGuy @JeremieLed47807 This portfolio, if offered, is like that Instagram thirst trap Every buyer will be sliding into the DM People don't understand how awesome this portfolio is

Been going down a rabbit hole on $REXR and finding all sorts of interesting hidden value that I was not aware of It owns IOS with $44mm of ABR but only 0.2mm sqft. Worth $900mm but will only show up as $65mm using $325/sqft Cap rates also massively undervalue the company @RealAssetsValue

@andyantiles_ You can buy index funds (stocks) that give you tax losses too. Such as: Vanguard Personal Indexing (VPI)

Most entrepreneurs completely misunderstand the power of buying rental properties The cashflow nice, the appreciation is solid… But honestly, if that’s all buying real estate had to offer… I’d probably stick to just buying stocks But the real magic is in the tax deductions You don’t get a tax deduction for buying apple or Tesla stock But when you buy $1m worth of rental properties You put down 20% of the purchase price And then IRS says that you can perform a cost segregation study and write off 30-50% of the purchase price as a tax deduction You come out of pocket $200k to buy the real estate You deduct $300k-$500k from your income That’s the magic You are being paid to buy cash flowing, appreciating assets How are you not doing this?

@PalmerLuckey Junk mail is what keeps the USPS solvent

It is time for the United States Postal Service to ban junk mail. Unsolicited spam calls are already prohibited by the FCC. Emails are heavily regulated by the CAN-SPAM Act of 2003. Junk mail is the majority of mail, 100 million trees per year. Enough!

@Dirtdog who do you plan on putting into that KFC?

I just closed on my 100th commercial real estate development site right here from this app. A broker saw a vacant kfc restaurant, thought who was the most deranged fast food fanatic she knew and DM’d me. This app opens doors and makes connections for me weekly.

@MaxNordau visit Aish HaTorah in the Old City of Jerusalem and attend a lecture on Jewish Philosophy.

Going to Israel in a few weeks. What should I do (other than kiss the Kotel)?

@sweatystartup @AdamHKlein Why do you think it slowed down? interest rates or something specific to storage?

@AdamHKlein From 2020-2024 it was insane. I do think it’s slowing way down now that leasing is harder, rates are higher, general headwinds have hit the market

Storage deals are opening up like crazy! Brokers calling us asking for offers anywhere. Groups unable to close and properties coming back on the market. Will be a wild few years. L

@MrNQDC Your "wants" become your kids "needs"

The uncomfortable truth parents who’ve done well won’t admit: We don’t raise kids to build wealth We raise them to consume it Luxury trips Country clubs Restaurant habits Boujee everything Then act shocked when adulthood feels impossible on an entry-level paycheck Lifestyle inflation starts at home What expensive habit do parents accidentally normalize for their kids?

@AdamHKlein Have any for sale? If you can find me one that is leased at a low ppsf, I'd be interested in taking a look.

@JeremieLed47807 Functional loading, high clear height, heavy power, well-located. Sounds easy to find, right? 😆

A recent Cush-Wake report says AI will add +330M SF of net new CRE demand over the next 7 years, w/ INDUSTRIAL accounting for 90% of it! This is their base case with a 50% probability. Note 1: I sell warehouses and distribution centers in Florida. Note 2: This does not include data centers, only warehousing and distribution.

@jasonjosephlee 100% Agree. One option is to have them send you all the checks for signature via FedEx. This way they know they will get a phone call for things like that.

Why I hate most third party property managers: They will call an electrician to fix a broken light bulb and they’ll let the electrician charge you $500 for it. They don’t care because you’re paying for it as the landlord. Real story from an old manager of mine from 2022.