It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.

and the rest of the profit will be indefinitely tax-deferred in the 1031 exchange.Best of both worlds!

We obtained a price $150k greater than we could have in a cash sale, wrapped the existing 4% note into a 10% note bringing the $1,300,000 note we hold to a 16% yield. 

if so,  does that mean you can't obtain quiet title action within a year, and basically the property will be sitting there untouched during this one year period?  

It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.

Hi Chris,To add a new fee to your existing management agreements in Florida, you may have a couple of options depending on the terms of your current contracts.If your agreements don't expire and continue indefinitely, the simplest approach would likely be to create an addendum to the current agreement outlining the new administrative charge.

You can either continue the depreciation schedule from the property sold, and create a new fixed asset for the additional amount invested to obtain the property (Two Depreciation method), or you can opt to treat the new asset as one asset (Single Depreciation Method).

However if you had a few negative reviews about your business and you had thousands of people obtaining value wouldn’t you want to introduce them to another community and ask that you provide your honest feedback? 

I have several commercial transactions pending and as recently as this week clients are obtaining much improved terms:- 25% down on a 20+ unit apartment complex at 5.5% Down 25 year amortization. - 25% down on a 20k SF Warehouse at 6% 25 year amortization. - 30% down on 200+ storage unit complex Earlier this summer those rates were approaching 7.5-8%We anticipate a very active fourth quarter. 

If we can agree that 'knowledge' is an asset (an intangible asset) then there may be some common ground in the view that those with unique knowledge that is in low supply but high demand get paid more for their knowledge than those with common knowledge that can be obtained anywhere or from anyone for free.