The occupants agreed but unfortunately on the date the transaction was supposed to happen, the occupants went ghost on me.

This includes both qualified 1231 gains as capital gains as long as the transaction is not with a related person.

If we are passive I believe that we could still be limited partners in either an LLC and obviously a PPM.It sounds like you ran the project and were on the opposite side of the transaction.

The relationship between a broker and real estate investors is built on trust, transparency, and a mutual understanding of goals, which ultimately leads to successful transactions and long-term partnerships.Firstly, a competent private money broker begins by understanding the unique needs and objectives of the real estate investor.

The previous owners did a do-it-yourself remodel which had tons of red flags if I had taken the time to cross-reference the sellers disclosure with the inspection report, but at that time the market was hot and I had to move fast.

., constructive receipt doctrine, effective control over nominal 3rd party relationships, lack of genuine risk bearing and compliance with transactional terms, etc.).

I would suggest finding a lender that treats your transaction with the same care and attention with which they would treat their own.

When you say no only to my LLC then they will say how is that arms length transaction?

But then he explained that you have to remember this is a business transaction and that you have to make compromises sometimes.

I know I just ratified a transaction where I was selling a new build ( not yet built) and the broker representing the buyer had a very high buyers broker agreement that simply does not work for builders and what we have to do to manage the process.