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Property Taxes for Property on Multiple Parcels
How does the property tax assessment differ between multifamily properties that are on a single parcel versus those with multiple parcels? Do they look at the assessed value of each parcel individually and would the new buyer be paying multiple property taxes for property on multiple parcels?
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New comment 2d ago
Navigating a 1031 Exchange
My client sold their property for $1,450,000, netting $1,360,000 after commissions and closing costs. Since the property was owned outright, no debt was involved. After consulting with our agents and a 1031 exchange accommodator, the client is reinvesting into a replacement property valued at $1,400,000—less than the sale price but exceeding their net proceeds, meeting exchange requirements. If the sold property had an existing loan, would this affect the replacement property's required value, or is the reinvestment threshold always based on net proceeds?
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Quality Contact Tracking
I'm putting together my vision sheet and want to include a benchmark for the number of quality contacts to get each day. Anyone have a number in mind they would suggest?
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New comment 3d ago
New Presidency “Excuse”
As I was doing my follow ups today, I had a potential seller tell me he will be waiting to see what Trump does to the economy. Then he proceeded to say that, that’ll be the determining factor on whether he sells or not. Is there a rebuttal for this that has worked for any of you?
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New comment 5d ago
FUB Question
Is there a way on FUB to see the clients that will be coming up, say tomorrow on the 2 week, monthly, and quarterly follow ups?
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New comment 15d ago
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