Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal



Real Estate Classifieds
Reviews & Feedback
Updated about 7 years ago on . Most recent reply

Sell now or work with developer
Sell vs Develop land. Does anyone here know how to make an educated decision on whether to sell a highly appreciated property or go into a partnership with a developer. The sell now price is substantially higher than the capital account value we would start out with but would allow us to get into multifamily. I have shown my accountant and attorney but no real answer, probably because too many variables and things that could go wrong. I would love to hear of any experiences with partnerships of the multifamily buildout type.
Thank you! Relatively new here but loving it!
Most Popular Reply

- Lender
- Lake Oswego OR Summerlin, NV
- 64,384
- Votes |
- 43,604
- Posts
not enough detail to answer your question.
but I will take a guess at what your asking
if the developer is going to bust this into lots and you stay in you just lost your tax advantages and will be deemed a dealer at the highest tax rates.
sell now no risk.. and best tax treatment you could 1031.
if its one property and your saying should I partner and they are going to build an apartment on it and we will keep it.. that's different.. but you lose control because your now going to put a massive amount of debt on it.. all though in your area not too risky given market conditions.. and really depends on your developer known, reputable and stable ?
so there is some feedback but you need to be more specific of what you own and what you looking to do.
- Jay Hinrichs
- Podcast Guest on Show #222
