Hey Guys,I'm considering selling the duplex I renovated in College Station and I don't know if I need to talk to a Real Estate Accountant or a Real Estate Attorney about my tax considerations.

I don't mind being present during showings to vet the prospect because the time consumed is considerably a lot and only a few will actually be really interested.

Depending on the NOI of this opportunity, $900,000 can get you into a considerable size mobile home park or other type of investment (I really only know MHs).

Land is hard to move and hard to collect much rent from if and when you end up holding it.I do know that one consideration with gun ranges is lead contamination so that might also drive down the price for any buyer if it has not been properly maintained.

If you hire it out you will be looking at considerably more.

When you know that the majority of debt on a property either is, or soon will be indefensible, then you can afford to be considerably more aggressive than competing parties who are  unaware.See also this informative article by a Colorado Lawyer regarding application of the statute there. http://www.markhofgardlaw.com/Articles/When-is-a-Mortgage-Lien-Extinguished-Through-Expiration-of-the-Statute-of-Limitations.shtml  Best wishes,

In fact, comparing the cost of living in those 2 provinces, while food, fuel and taxes are considerably more expensive in NB than in Ontario, the rent paid and even cost of housing is what more or less balances it.And that said, while housing is cheaper in NB I find rents are generally so much lower that one does well there, as well as in most places in Canada, if a property pays for itself. 

I did have to pay $500 for a BPO, and I had to pay $250 per draw which was included in each draw request.  

BTW: FL statutes state that a contract without valid consideration is voidable.

Any buyer can walk in behind one of these frauds, make an honest offer, put down substantial consideration, and kick the unlicensed broker to the curb.From the statute:All contracts, options, or other devices not based upon a substantial consideration, or that are otherwise employed to permit an unlicensed person to sell, lease, or let real estate, the beneficial title to which has not, in good faith, passed to such party for a substantial consideration, are hereby declared void and ineffective in all cases, suits, or proceedings had or taken under this chapter; however, this section shall not apply to irrevocable gifts, to unconditional contracts to purchase, or to options based upon a substantial consideration actually paid and not subject to any agreements to return or right of return reserve