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Don’t just sell - Strategically Dispose of your homes.
Selling your portfolio, whether one or all, should be done with a strategic disposition plan. Tax planning, cash flow planning, tenant timing, property condition and market conditions all play an incredibly important role in the disposition plans to maximize the best results from the sale of these assets.
1031 IRS DEFERRED TAX STATUS can make an incredible difference in expanding your portfolio using deferred taxes as purchase leverage.
Selling when tenant occupied is not wise. Tenants tend to disrupt the showing process and do not make the home "show ready". Leases in force can prevent an owner occupied buyer from even considering the home, and they are the party willing to pay the most.
Being prepared to vacate the home and making it show ready can tax cash flow but subsantially increase sales proceeds.
Market conditions and competition can play a vital role in the sale time and can vary with neighborhoods and areas of town.
Buying low and selling high, while overcomong the obvious obstacles and challenges, can dramatically enhance your overall return on investment and your final cash outcome. |