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2 February 2025 | 8 replies
Loopnet has some comp information, but requires a paid (and not cheap) account to see it.Commercial properties are generally valued based on income, not comps per se.
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18 February 2025 | 7 replies
If you don't have a US-based bank account, I would get one as that's a requirement by most lenders.
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17 February 2025 | 8 replies
Hey welcome I am new as well based out of Austin Texas
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13 February 2025 | 9 replies
If you sell a property, capital gains tax applies based on each partner’s ownership share, and a standard 1031 exchange won’t work if proceeds are split, as the exchange requires continuity of ownership in a like-kind investment.One strategy is a drop-and-swap, where the LLC distributes the property to partners as tenants-in-common (TIC) before the sale, allowing each to complete a separate 1031 exchange.
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16 January 2025 | 4 replies
The loss of priceless art, jewelry, autos, memorabilia and watches could often match or exceed the property values.
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13 February 2025 | 5 replies
If it came before the counsel, we'd be able to argue with a pretty strong case based on the dual-use of almost the entire neighborhood.
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11 February 2025 | 4 replies
When I asked why this was caught earlier, she responded, "Based on the timelines you provided, we had a team fail including me...
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14 February 2025 | 8 replies
These are just guidelines and may need to be adjusted based on your property's location and class.
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12 February 2025 | 75 replies
And ONLY put things under contract that match your buyer’s lists buying criteria.
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10 February 2025 | 8 replies
Based on the conversation I decided to send a "AdobeSign".