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Due Diligence When Purchasing a Building or a Hotel

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Due diligence with regard to property refers to the careful inspection of the property before signing the contract. Property due diligence is important for buyers, sellers or lenders of property so as to assess the real condition of the property so that there are no hassles later on. Each kind of property has its own check points for due diligence. … [Read more...] about Due Diligence When Purchasing a Building or a Hotel

Real Estate 1031 Exchange in New York

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If you own an investment property and you are looking to sell that property and use the proceeds to invest in another, then you maybe able to defer any capital gains on the sale of the original property. This process is called a 1031 Exchange. You don't have to pay capital gains taxes on the sale of property if you plan to identify a replacement … [Read more...] about Real Estate 1031 Exchange in New York

The above information is provided as a courtesy and intended for information purposes only. It should not be construed as an offer for sale (or even that this building is actively marketed). See Terms of Use. All information is from sources deemed reliable, but is subject to errors, omissions, changes, or withdrawal without notice. No warranty or representation is made as to the accuracy of any description. All square footage and dimensions are approximate. All property information, including, but not limited to measurements and number of units are deemed reliable, but should be verified by your own attorney, architect or zoning expert.
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