I posted on Facebook that I was looking to buy a flip, and a fellow agent sent me some details about a property she was going to list.

Much appreciation to anyone responding to this post!

@Shiloh Lundahl,This is an interesting question after your post yesterday. 

Earlier in your post you shared that your friend planned to pay the contractor invoice but at the end of your post you ask whether your friend should pay the invoice in full.....and this is after selling the property and presumably being recapitalized. 

I'm reaching deep into my psychic thoughts… I see it… A majority of people who respond to this post will be real estate brokers… I can see it!

I currently have a client looking to purchase their first investment properties here this year as well as in other Midwest markets that are also showing some of these same factors coming to light.Another thing to consider is that OKC is home to nearly 20,000 military / government workers with Tinker Air Force Base and the Army and Air National Guard posts there. 

Given your described building location and post, I am guessing you are single tenant (seems to be the majority in that Elk Grove, Bensenville area). 

Originally posted by @Michele Davidson:@Alex YeaterWe are selling our bed and breakfast business complete and turn key with wedding items.

If your gain exceeds the exclusion, you’ll owe capital gains tax on the remaining amount.This post does not create a CPA-Client relationship.

Hey there @Natalie Hernandez - Welcome to BiggerPockets and kudos to you for posting here about where you are at on your journey!