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12 December 2024 | 10 replies
For tax purposes, the profit is calculated as the sale price minus the cost basis (purchase price + renovations + transaction costs).
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6 December 2024 | 3 replies
I understand the first parts where creating a win-win deal is key, I just can't seem to find what happens When it comes to closing real estate transactions, there are basically three ways to do it: (1) do it yourself (2) utilize real estate attorney or (3) utilize title co.
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9 December 2024 | 5 replies
If they're not familiar then it's your chance to get your foot in the door by bringing 1031 education to them.It's been a few years since I checked but at one time NAR showed statistics that of all the transactions potentially qualifying for 1031 exchanges, only about 10% were actually handled that way.
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16 December 2024 | 43 replies
I used to agree jay but after our most recent transaction with them they aren't a fair intermediary they represent the buyers yet claim not to on transactional paperwork and also use their network against builders. a little manipulative.
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8 December 2024 | 8 replies
You can't use these apps for international transactions.
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7 December 2024 | 1 reply
I’m wondering if anyone would be willing to help me out with the transaction to make sure I’m not overlooking anything and making mistakes.
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7 December 2024 | 9 replies
The 2% negotiated reduction is the better transaction.
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13 December 2024 | 13 replies
People have WAY overstated "cash flow" on BP by ignoring the costs of capex, vacancy and turnovers.My goals in every transaction now are to (1) buy in good neighborhoods, and (2) minimize my outlay of cash.
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11 December 2024 | 37 replies
I'm just being extra careful (as I should) with the local team handling the transactions.
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7 December 2024 | 8 replies
Once you've agreed on a price with the owners and they've agreed to let you sell the property, you're free to begin marketing the deal. am I representing only the buyer in this transaction?