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Jul 5, 2024
4:03
:47
pm
toadie
All-American
Sounds about right.
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toadie
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toadie
Joined
Mar 7, 2001
Last login
Oct 4, 2024
Total posts
3,252 (6 FO)
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Messages
Author
Time
Tricky 1031 question for CB accountants/real estate folks...
C-dubb
Jul 5, 4:00pm
Make sure you set up a qualified escrow account for the funds from the sale.
allaboutthegainz
Jul 5, 4:02pm
You need a "qualified intermediary". I'm sure someone here can recommend a decent one.
HarlemCoug
Jul 5, 4:03pm
This^^ you CANNOT just take the funds and roll them over yourself.
Junior Deputy
Jul 5, 4:34pm
Sounds about right.
toadie
Jul 5, 4:03pm
Thanks! Anyone have experience with nightly rentals in Washington County? (Pros,
C-dubb
Jul 5, 4:55pm
Honestly the market there seems kind of saturated but I’m not an expert
MacsKid
Jul 5, 7:00pm
I second this. We looked into it for a while but couldn’t make the numbers work.
Junior Deputy
Jul 5, 8:22pm
I’ve said this on another post but I think there is a correction coming to
MacsKid
Jul 5, 9:55pm
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