I would take him up on it since you have absolutely no risk.Unless you sign some sort of non-compete and are not allowed to do deals outside the partnership until he recoups $500k then that would be a large potential issue.Good luck!

If you do 1031 exchange multiple times, do you pay taxes on the profit of only the last sold property or do you have to pay taxes on the total potential profits of all properties.

Hi everyone, my company builds single family homes in SW Florida, I have had a few potential buyers reaching out to me regarding potentially submitting an offer and going under contract for different properties, while they are under construction.

They certainly shouldn't be charging more than 10 minutes (1/6 hour) for an e-mail, but law firms are all about "billable hours" so they must bill for any time they devote to clients.I don't think it would hurt when in conversation with him next time to ask about it in a polite manner.

Renovations for accessibility could be an additional cost.Sell the Property: Selling could free up a significant amount of cash, allowing you to pay off the HELOC and potentially purchase a condo that meets your family's accessibility needs.

I would be interested to view these listings to determine if the locations, work needed, and potential cash flow made sense for my current situation. 

What happens when a kid falls off said playground, gets hurt and blames you?

Not sure if this is an effective risk assessment, but feel like it's safer than chasing the highest cashflows in potentially volatile markets.

If our plans are to sell the property in a short period of time, we may also agree to let that agent list the property for us when we go to sell it so they may make a round trip on their commissions.When a business is trying to grow, we've found that finding more potential deals is often times a company's most important mission and can also be the single most difficult challenge.Utilizing wholesalers is an easy way to find opportunities, simply because they find the opportunities for you.

It's just a matter of finding reasonably priced options that others have not gotten to yet.Pensacola Beach has great rental potential and demand, but options are limited and prices are high.