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All Forum Posts by: Lonzo Seebe

Lonzo Seebe has started 1 posts and replied 6 times.

List it now at $230k and see what happens? Someone may bite

Originally posted by @John Underwood:
Originally posted by @Lonzo Seebe:

I hate to dredge up an old post but what hotels do y'all stay in that provide meals, daily cleanings, and room service?  

All of them.

 
Hmm.  I must be a poor then because I never saw meals and room service at Motel 6. 

Memphis? I can't envision people going there for vacation

I hate to dredge up an old post but what hotels do y'all stay in that provide meals, daily cleanings, and room service?  

I've been assaulted and battered by tenants..... twice! 

Good evening all, I'm a brand new member!

I am selling a property for $500k that has a $50k special assessment for new windows, doors, etc to be paid over the next 13 months. It is not due yet.  The buyer asked me pay it them roll it in and increase the sales price by the same amount.  

If I do this for them how would my 1031 look?  Could I purchase a property for $500k since that is all I will actually receive or do I have to spend $550k?