Good name and proper pronunciation 😉
25.12.2024 18:56 — 👍 0 🔁 0 💬 0 📌 0Good name and proper pronunciation 😉
25.12.2024 18:56 — 👍 0 🔁 0 💬 0 📌 0Blasphemy!
15.12.2024 21:22 — 👍 0 🔁 0 💬 1 📌 0Congrats Michael!!!
06.12.2024 17:23 — 👍 1 🔁 0 💬 1 📌 0
Owe ~$700k of taxes and have to come out of pocket to pay it. 😬
No bueno.
123 main st LLC buys 123 main st in 2017 for $3m w/ $2m of debt.
Sells in 2021 for $5m.
Exchanges into 123 broadway for $9m w $6m of debt.
Has to sell 123 broadway in 2024 and market is willing to pay $6m.
~$0 cash from sale, but tax basis is ~$3m (maybe lower with sweet depreciation)?
Unfortunate reality of LLC naming convention, the 1031 like-kind exchange and 2021 apt pricing mania - transparent evidence of current sellers wiping their equity and still owing a tax bill. 😬
Seen about 5 of these deals recently.
🤣
22.11.2024 01:24 — 👍 1 🔁 0 💬 0 📌 0
Brings a whole new meaning to “work from home”!
(From a recent property tour)
Unfathomable heroism!
I wish I had 10% of her courage.
Well, your boy at least has college sports in his genes. My boy’s genes are “study hall” 🤣.
Buffs are legit!
Going to first CU game in about 15 yrs today!
16.11.2024 14:02 — 👍 1 🔁 0 💬 1 📌 0
Sold!! 🤣
Does this kind of cold outreach work?