As we approach slow months I manually adjust my pricing to try and always stay just below the booked property line.

Like @Corey Hawkinson pointed out a person can still utilize them, but with much updated adjustments and conditional variations.

An appraiser doesn't make much of an adjustment, but the market will.

Adjust accordingly2.

Patience and flexibility will be essential in this market.Key TakeawaysPalm Beach’s market is adjusting, but it’s far from stagnant.

In the event you underestimate the section 1245 assets, an audit would simply result in an positive adjustment for the tax liabillity.

This hands-on approach could also give you more flexibility to adjust to market conditions, like listing at the right time.Lastly, even though you didn’t invest your own money in the deal, building relationships with your private money lenders and owner financiers for future deals is key.

A quick question on subdividing land: how does it affect the tax on that land after subdivision?Example using fictional figures:We buy a 10 acre lot, taxes are $1,000We subdivide it into 10 x 1 acre lotsNo properties ...

HELOC is best for short term money, because the interest rates are adjustable, while the second mortgage is a fixed rate for a period of time.  

@Jim Bouchard  the only action for you right now is to maybe adjust the closer on the screen door so it doesn't slam.