For example in Texas a finder is limited to a maximum fee of 10% of the net amount received by the beneficiary, thereby eliminating from profitability a significant percentage of deals.This is the same over hyped, over promoted, over promised, under performing opportunity as note broker, house wholesaler, etc.

No municipal definition trumps federal.

In this scenario, each member doesn’t actually own real estate, they own a business (that owns real estate).If that is the case you have two options: 1) The LLC performs the 1031 exchange and continues to achieve the goals of the managers through changes or details added to the operating agreement and subsequently consider dissolving the LLC. 2) You dissolve the LLC and reform as Tenants in Common *prior* to the sale of the property.

This was pushed through in the last meeting (no vote) by the Board of Directors and will commence January 2025.

Hi Solomon --  there is no seasoning requirement.

There are no facts yet as apparently no subsequent sale has happened.

Hey guys I’m here because I need help from the experts.Have a comercial property that a friend of mine is trying to sell,I feel he’s overcharging us for the property because he’s not asking us for no money down which I know for a commercial your looking at least 20% down.He’s asking $790,000We looked at the county records and is showing is value at $450,000.help!

I ran an analysis of a performing note at 12% vs. most rentals and the returns on the note were better than a rental.Note that income from notes is no longer taxed at ordinary income based on new tax law.

If you have no way of proving that the tenant caused the damage, you are likely sticking your neck out there for an unlawful claim on the deposit.

No big.I get to the house and get started.