However, the 1031 exchange only applies to the real estate component or real property, of the business, not the business itself or its non-real estate assets.In other words, while you can exchange real estate used in your business for other like-kind real estate, the business itself, including goodwill, equipment, and other non-real estate assets, does not qualify for a 1031 exchange.To maximize your tax deferral, focus on the real estate portion of the sale.

Being on title protects the seller from the buyer defaulting - it seems this is an alternative to "officially" putting them in a 2nd position)-- Title company sends seller the $350K they require-- Title company sends buyer back $650K (which they can use to pay off their transactional lender if they used one)So now the seller is happy bc they got the $350K they needed, the buyer is happy bc they acquired a property for zero dollars out-of-pocket, and from what I understand the 1st position lender is happy bc due the LLC arrangement the seller finance component is not technically considered a second lien on the property.

It had some value add components to it so there was plenty of meat on the bone.

Look at numerous listings and see components of opex that different sellers include, and you'll start to get a better picture. also don't forget to include a reasonable vacancy number, and also include capex!

The unit SF is one component of its size, but then we will sometimes add exclusive use common areas  as well as a pro-rated allocation of the common area.

A Truly Self-Directed Solo 401k plan is a great vehicle to help escape a middle-class trap and build massive amounts of wealth tax-deferred (or possibly tax-free by utilizing Roth component of the plan).

You are not Walmart and don’t have to be the low-price leader so long as your other, non-financial, terms are competitive.Even if you keep your interest rate the same, you’re missing an important component that you should be able to charge – points.

I'm passionate about helping real estate investors maximize their tax savings through strategic depreciation.Cost segregation is a powerful financial strategy that allows property owners to accelerate depreciation deductions by identifying building components that can be depreciated over shorter timeframes.

@Javier Esquivel Hi Javier, this has all of the components of a good flip.

That's the key component that is usually missing when I hear other entrepreneurs/investors say they don't like QBO.Something else to keep in mind is your entity structure and how your entities file tax returns.