However, I cannot speak to apartments, as this depends on the individual complex.Additionally, we are finding a small number of properties for sale where the seller is willing to contribute to the buyer's closing costs.

You make a commission off the sales and they provide the leads, systems for you to work.

I’m surprised they were dumb enough to jack the sales price up 70 K above retail.

Utilize a 1031 Exchange: Under IRS Code Section 1031, you can defer capital gains taxes by reinvesting the proceeds from the sale into a similar “like-kind” property.

Your profit is the difference between your adjusted cost basis and your net sale.Adjusted cost basis is your cost of acquisition plus any capitalized improvements minus depreciation.It is very possible that you could sell a property you have refinanced and generate no cash at the sale but still have a big tax bill because you sell it for more than you purchased it for.

Sales is very different than corporate jobs you only get paid if the deal closes.

I currently have several properties for sale in flood-prone areas along the beaches of St.

I shadowed a few different agents through unpaid internships and learned that I did not like the real estate sales side.

Purchase price: $233,000,000 Cash invested: $233,000,000 Sale price: $380,000 Introducing Your Stunning, Completely Remodeled Home!

Purchase price: $47,000 Cash invested: $7,000 Sale price: $85,000 This deal was sentimental as I grew up on this street and wholesaled a house across the road just 1.5 years ago.