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7 September 2021 | 8 replies
Neither solution is particularly desirable, as both have undesirable income tax consequences.The sale of partnership interests are specifically excluded from tax-deferred exchange treatment under the rationale that a partnership interest is a personal property interest and not a real property interest, so more complicated structural solutions are required when partners desire to go their separate ways and some or all of the partners wish to structure and complete a 1031 Exchange."...
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30 August 2021 | 1 reply
They want to stay because they think the foreclosure has problems and is not legal, but will NOT get an attorney to file a court case.Sometimes the occupants are renters and they get special treatment and have rights to stay for certain periods of time, check with your state's laws, it changes.
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10 September 2021 | 8 replies
The safe harbor provides that the IRS will not challenge the qualification of property as either replacement property or relinquished property, or the treatment of the accommodation party as the property owner under the like-kind exchange rules, if property is held in a qualified exchange accommodation arrangement (QEAA).
20 September 2021 | 4 replies
In general I think humane treatment comes down to intent and communication in situations like this.
2 September 2021 | 8 replies
If I HAD to work my dream job would be a realtor- im very networked and known in my community, and with my passion for real estate and work ethic I know I could do great.
12 September 2021 | 44 replies
Again, ethics aside, what that is, is brokering real estate.
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6 September 2021 | 5 replies
Why not just hire a GC to do what you want and stay legal, legit and ethical?
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28 February 2022 | 5 replies
These are professionals with additional training and a stricter code of ethics.
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6 September 2021 | 1 reply
We are bound by a thing called “Ethics”.
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14 September 2021 | 5 replies
@Destiny Dunbar Just to clarify, you're asking how you can find an ethical person who violates real estate law by practicing unlicensed wholesaling?