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All Forum Posts by: Adam Sanders

Adam Sanders has started 3 posts and replied 4 times.

I am trying to complete a one-time close construction loan in Minnesota. I enter into a purchase agreement on July 8th for the land to close on September 18th. The sellers were required by purchase agreement to provide a land survey.  They did not complete the survey until August 19th.  Now partly due to how late the survey was I need one more week to finalize everything, but the sellers are refusing to sign an extension.  What can I do?  Hire a real estate attorney?  Other ideas? Thanks for your help in advance

I am ready to move my properties into individual LCC's for asset protection. Looking for a local expert in Minneapolis that can walk me through the process.

Thanks Mike and Natalie 

Let’s say I pulled out 50k through refinancing.  I have deferred 25k in taxes.  I sell property for 25k more after paying off mortgages including recent refinance.   Can I do 1031 exchange to avoid paying taxes on 100k or just the 25k

Looking to better understand process for selling a investment property that has deferred tax through depreciation that has been refinanced recently to access equity for another investment opportunity.  When i sell i will have little or maybe none or negative equity compared to before i refinanced.  How do I continue to defer this tax?