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Investment Properties in Alamo Heights : Real Estate Advice

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  • Home Buying1
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Activity 3
Mon Nov 7, 2016
Susie Kay answered:
I would suggest that you talk to your CPA. There's a program called 1031 exchange in which investors can sell and purchase a like kind property with no tax consequences. Your situation is different, though, since you are using the profit from your company to purchase an investment property. Again, talk to your CPA.

Best,
Susie Kay
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Tue May 3, 2016
Lisaleopoldgregory answered:
Thank you Bruce. Don't quite understand your answer. The Seller is saying his attorney is telling him he does not have to provide current leases to the buyer prior to closing. How would the buyer know the rents, deposits and what the current tenants lease agreements say? ... more
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Tue May 3, 2016
Lisaleopoldgregory asked:
Seller refuses to provide leases to buyer prior to closing due to "privacy act" he says. Is this true?
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