In Texas, if transactions are reasonably distinguished among child cells, one does not need separate bank accounts per a few attorneys' advice.

.: @Travis Boyd you’ll lose more in interest rate increases, potential property taxes increases, realtor commission and other transaction costs than you’ll pay on any future cap gain taxes.

Quote from @Jorge Vazquez: For what it’s worth, after 20 years and 3,500 transactions, I’ve never done one myself.

This yields the % up or down we are in the current Q relative to the last fully closed Q, so as the transactions roll in each day I get an idea of the current Q's direction.I'll always advocate for building your own tools so you can build them to suit whatever your development schemes require for the best experience, efficiency, and confidence.

For example, an agent would collect a reduced commission, flat transaction fee, or no commission if the buyer sources an off-market deal directly.In your case, if you'd like to compensate your agent, you can include it in the loan.

Relationship-Based LendingBanks: Normal transactions are always cold-blooded and policy-oriented.Private Money Lenders: Most often work with borrowers to create solutions and value relationships over strict rules.The Bottom LineThe power of private money lending, I think, is a pretty effective alternative for borrowers who need speed, flexibility, and customized solutions—especially in industries like real estate investing.

I have taken my real estate agent course work and plan to take the exam and sign on with a low cost broker to handle my own transactions.

@Bryan PriceI am guessing you did not use a title company.Everything you did in this transaction was wrong (sorry to be the brutally honest one)When you lend you1.

But then on the other hand you are treating your family as a transaction and have rental income.

Semi unrelated, but being in the biz for over a decade and doing $200M+ in transactions, I've got to tell you guys, Doctors are some of the worst business people out there.