So, using round numbers, say the house is currently worth $80,000.

If you decided to sell in 5 years, it might look like this (using simple round numbers):Sale: $350KDebt: $250KBasis: $50KDepreciation Recapture (25% on $150K): $37.5KTax Liability (20% on $150K): $30KCash Proceeds: $100KNet Proceeds: $100K - $37.5K - $30K = $32.5KThis is a lot less net cash from the sale than if you expected to just pay 20% on the $100K proceeds.Hope this helps

We are actively talking with these owners and will hopefully have more news in the next couple of weeks.To round out the day, we hosted our 3rd monthly Real Estate Investors meetup from 6:30pm to 8:30pm.On the ride home, we analyzed and underwrote a deal that came to us that morning while driving around.

So from a tax rate perspective, let's round off to 15% Fed, 5% state and 15% FICA (self employed pay both sides of it).

Even without having the highest offer.In most large multifamily transactions, the seller and broker will hold a round of interview calls with the top 3 to 4 buyers. 

You want multiple offers and the chance to pick the best or to counter for more or to do a round of highest and best, whatever is the norm in your area, but in general the more exposure the higher sales price.

Updates On Some Austin Suburban Communities

So I just lost a round in this game with a 7 year old fridge that was failing to cool but was clearly not the compressor.

It looks to be about 30 - 40 years old which means HVAC and roof may already be on their second rounds and a third could be coming up quickly.

I'm on cape cod MA, upper cape specifically, where hundreds of thousands of tourista flock each summer but also live in a town that has enough year round residence and business that a food place can stand on it's own.