I was starting to do some basic numbers on a large parcel that came up for sale (326 acres @ $700k).

Purchase price: $75,000 Cash invested: $25,000 Sale price: $120,000 great first flip for us.

My buddy @Christian Cramer lists homes for 1% or something crazy like that... if you can find an agent in your area that knows what their doing and will offer you that kind of deal it could be the difference between kissing money and making a good return (Just don’t use a bad agent just to save the commission, if they don’t make sales they’re probably not worth it)

So my tax consequence should be about $3,300 (long-term capital gains from Property A, plus depreciation recapture of Property A), in addition to the tax (short term capital gains/ordinary income) on the gain on the sale of the replacement property C (probably about $15K x 24% = about $3,600). 

Using your other numbers, running like a top with a 35% exp ratio, fully occupied, and valued using a generous 6 cap gives a $1.625M sale price.

A title company, or maybe an attorney (depending on your local rules) will be used for the closing of the sale.

Hello, I am in the process of doing a whole sale deal on a home and I wanted to know if anyone can tell me the right form to use as a contract for the seller?

I can of course change that when I file for 2018 but I am planning on making a career change into sales within the next 9-12 months.

This is a private sale.

This will not trigger the due on sale clause as Fannie Mae changed their rules on that a year ago to now allow that?