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Tax, SDIRAs & Cost Segregation

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Alison Zywicke
  • New to Real Estate
  • Oregon
1
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9
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Seller wants to terminate

Alison Zywicke
  • New to Real Estate
  • Oregon
Posted May 9 2021, 21:43

I've been looking for properties for months and finally found an investment with a great return. My offer was accepted and we just finished the inspection. The owners of the property are married and have the property in a trust. The husband fell, hit his head, and now the wife wants to terminate the contract. I just closed on my other property and I'm doing a 1031 exchange so the clock started on Friday. I don't want to bring my emotions into the property, but along with a great return, I LOVE the house. What are my options? I want this house but if I have to get lawyers involved I might miss the timing for the 1031 exchange. Should I just give up and move on looking for another property?

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