Hello all,I am very familiar with valuing real estate using comparables, DCF models, etc.

I wrote the above for informational purposes.

You should talk with an accountant and a lawyer (I am not one), but for tax purposes if you take any distributions I believe they count as income anyway.

Our county GIS sites also typically provide a photo of the comparable property.   

But it surprises me that a $700K structure placed permanently on a tract of land and used for productive purposes would not qualify for 1031 treatment. 

First, does anyone have an example of a TREC 1-4 filled out for wholesale purposes on a SF property?

I have no intention to purposely bad mouth him but if it comes up I certainly will explain what happened.

Right attitude, no headaches, no babysitting, has to love real estate ( not compare it to stocks,gold,etc.

Suppose you have a subject property with a 105,000 sq. ft. lot and existing improvements for which you estimate the reproduction cost new to be $2,500,000, physical deterioration to be $400,000, functional obsolescence to be $50,000, and external obsolescence to be $50,000.If you have information on a comparable lot of 110,000 sq. ft. which recently sold for $250,000 and the only adjustment is $1.75 per sq. ft. for the difference in lot size, what is the indicated total value for the subject property.

Denver is a reasonably safe city compared to many and our public transit is finally catching up, albeit slowly.