Before getting my license, I only worked with agents who agreed to charge for only the homes they showed me, no exclusive buyer broker, and I’ve walked on ones that tried to throw in an admin fee.

He is the only potential buyer as he has the lease for another year, after which my 250k exclusion will have run out.I am researching the servicers now - thanks!

I am almost certain you are buying through RETA / International Living / Ronan MacMahon since they have Samsara as an exclusive.

. - $1,500- WY LLC (Rental Partnership) - $1,500 plus state fees and registered agent fees- Land Trust - $600- WY LLC Trustee - $1,500 plus state fee and registered agent feeTotal: $7,100PLATINUM INCLUDES: - One-time fee of $2,500 then $35.00 per month - Access to the Anderson System- Receive Two Complimentary Tickets Each quarter to attend our educational workshops in Las Vegas- 2 Year Tax Review- Unlimited Attorney Strategy Sessions- Unlimited Questions with Tax Team (through email / online portal in Platinum)- email / online portal in Platinum- Access To Monthly Tax Webinar- Tax Q & A Database- Access to Video Training Library- Extensive Legal Forms Library- E-Newsletter- Attorney Document Reviews (LIMITED TO 2 each month)- Exclusive Product & Workshop Discounts.Note: Once you purchase Platinum we charge $1,500 for each LLC or Corporation plus filing fees and registered agent fees as opposed to our regular price of $2,750 for each plus filing fees and registered agent fees.COMPANY ASSISTANCE PROGRAM:- Platinum Pricing of $1500.00 initial fee and $795.00 annual renewal fee.- Verifiable Corporate Headquarters*- Entity Maintenance Support* (anything related to the ongoing compliance and operation of the entity, ie conversions, domestications, binder restatements, redrafts, and dissolutions** for Nevada & Wyoming)- Mail Forwarding - Reconstruction of Missed Entity Records (We have found that in most cases clients have neglected most if not all of their corporate documentation.

I'm eventually going to be a Seller as I unload my portfolio within the next 5 years.This Ruling means I don't have to worry about Buyer Agents refusing to show their Buyer Clients my properties because I didn't offer a Buyer Agent cut on the MLS.In my Market of multi-million dollar properties, 2.5% Buyer Broker Commissions is easily $50k.My overall assumption is that the incentive of the Buyer Broker Commission effectively steers Buyers away from these properties or the Buyer Broker just doesn't get paid since the Buyer really doesn't sign an exclusive in my Market.This ruling seems to take away the unintended consequences of the old system to let a listed property with no Buyer Broker Commission split languish.

I signed an exclusive agreement with an Agent that I want to terminate.

It’s a big step up to $1,2,00 when it’s almost exclusively to do one or two rentals.

If during the next 2.5 years, the owner redeems the property i get the money + interest back, but lets say they do not redeem the property. 3)  Within the last 6 -3 months of the expiration of the redemption period, I will file a petition at the circuit court for the tax deed 4)  At the same time, after filing the petition for deed, I will need to send "Notice of Expiration of period of Redemption" Take Notice to the county so they can mail it to the home owners and any interested parties informing them to redeem asap. 5) I will subtax early the following taxes as soon as they are generated by the county. 6) Inform the property owner in three ways, certified mail from the Circuit Court Clerk, being personally served by, the Sheriff’s office; and notice being published in a local newspaper. 7)If the taxes are not paid and the last date to redeem passes, the tax buyer can apply to the Circuit Court for an Order directing the County Clerk’s office to issue a tax deed to the tax buyer.

There are also tax considerations, such as depreciation and IRS Section 121 Exclusion like you mentioned. 

I've been working exclusively in rentals for the last few years but recently switched gears and thought this would be a great place to share information!