Thinking about selling your residential income property? There are many factors to consider before you list. These include:
What are the tax implications of your sale? It’s important to be prepared for possible capital gains tax on the profit from the sale of your investment property. The good news is there are options to defer the taxes by “exchanging” your investment property for another investment property, called a 1031 transaction. I've helped multiple clients complete a 1031 exchange by helping them locate an exchange property once they've sold their existing property.
How will you find a buyer? Income property buyers are a special clientele, and knowing how to reach as many potential buyers as possible is key to receiving the highest price for your property. I have developed an extensive buyers list of potential investors.
What information should include in your marketing package? For instance, should you list the property’s capitalization rate in your marketing? The more information you provide up front, the more likely you are to attract serious buyers. My Marketing Program is one of the most extensive and diverse marketing programs available. Developed by over 30 years of experience marketing and selling residential income property.
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OC Apartment Brokers