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Debra D. had listed her twelve unit apartment building with her broker and it had been on the market for several months. She was beginning to get nervous about its not selling because she had... Read More
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Five years ago, Clark T. sold a parking lot in the City for $600,000. As a part of that sale he agreed to carry a note for $300,000 which included interest at 8% interest only for 15 years... Read More
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Due to an adverse personal situation, William O. was eager to sell his leased office building. Because he had no pressing need for cash, and to encourage a quick sale, William told his broker ... Read More
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Mason B., the CEO of a technology Company, TecknoTreks, wanted to purchase the industrial lot next door to his company’s assembly facility to provide for the future expansion... Read More
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Cari J. owned four, fourplexes which were built on four separately deeded lots along the 700 block of 1st Street. Each of her fourplexes was valued at approximately $300,000. For weeks... Read More
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Peter C. had been trying to sell his old bowling alley for a year and a half. As hard as it had been for Peter to accept it, the old building was simply not competitive as a bowling alley anymore... Read More
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Frankly, Iverson was in a world of hurt. He owned some land that had been in his family for more than two decades. During their ownership the town of Hopesville had grown until now his land... Read More
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Ten years ago, Dan A. inherited a large home in the mountains from his parents who had built the home twenty years or so earlier. Since his parents originally built the property the local area ... Read More
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Merle H. owned a fourplex in a bustling suburban town. Perhaps as an aftershock from 9/11, he found all his units empty. One family got a divorce and the remaining spouse could not ... Read More
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Rubin was eager to exchange his thirty unit building for something larger. After a long period of searching for just the right property, Rubin’s broker, Ken, found a 42 unit apartment ... Read More
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Sam B. owned a property management company that dealt exclusively in office and retail buildings. One day he received a call from a real estate counselor, Smith, who told him that he had... Read More
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It is always a good idea to work with a CPA before getting involved in matters involving taxes, just as working with an attorney on legal matters is prudent. The following idea is one which... Read More
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Daniel J. inherited a farm from his parents. While he was grateful for the gift, he was not capable of operating the farm and really didn’t care to own it. He much preferred to own some... Read More
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Paul V. owns a twenty-four unit multi-family building in a depressed area of a large city. Its value is estimated to be between $500,000 and $600,000. Its gross income has been very... Read More
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Chris T. owned a 4,000 sq. ft. metal building and four cinderblock buildings ranging from 1,600 to 2,000 sq. ft. They were all located on a two acre parcel of land just outside... Read More
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