I hold all the dog tags of those no longer with us!!!!

In today's world you can accept all kinds of payments.

It's a pretty complicated law with all kinds of tenant and environmental protections. 

It seems to me that your favorite title company would be the best resource for solving a lot of your closing processes. 

I’m trying to gain a clearer understanding of a couple of key aspects related to property valuation and market rents.While there are plenty of online resources and formulas that outline how to determine market rates in a given area or estimate a property's post-rehab appraisal (such as in a BRRR strategy), I don’t believe the process is as straightforward as these guides suggest.Accurately Assessing Market Rents1.

I met the guy and wrote an offer on the hood of my car.

Is there a form (TREC or otherwise) that you use to define your arrangement with the client so that you cannot be held responsible for any part of the contract or prior negotiations even though you are assisting with a portion of the transaction? 

But like Jerryll mentioned, it's more of a mindset thing vs. a tactical thing.

A standard 1031 exchange requires that the same entity selling the property also acquires the replacement property, which becomes challenging when proceeds are split between partners.Potential Strategy: "Drop and Swap"One approach is the "Drop and Swap" method:- Convert Ownership: Before the sale, the LLC distributes the property to the partners, converting joint ownership into individual tenants-in-common (TIC) interests.- Individual 1031 Exchanges: Each partner can then independently conduct a 1031 exchange with their share, deferring capital gains taxes by reinvesting in like-kind properties.Considerations:- Timing: The IRS may scrutinize transactions where the "drop" (distribution) and "swap" (exchange) occur in quick succession.

Kind of in the higher tax bracket and finding ways to reduce our tax burden .Not needed for tax purposes or really recommended unless there is a specific use for generating losses.