ORION REAL ESTATE
630 First Street South
Waite Park, MN 56387
320.251.1177
Q. I have held an investment property
for many years and would like to sell it.
How do I start the process?
A. You should assemble a “team” of professional advisers
that would represent your best interests in the transaction. Your
team should include an experienced commercial broker, attorney and CPA.
There are many considerations in the sale of real estate and each of these
professionals would lend their expertise. You may want to consider a 1031
Exchange that would allow you to defer the tax on the sale of the property
or you may consider selling on a Contract for Deed to provide you with a
long term annuity. This “team” approach would help insure that all of the
considerations are handled professionally and that your sale will be consummated
smoothly.
Any other questions? Call us for answers!
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