Considerations For Selling Your Commercial Property

Income Tax Ramifications:

  • Do you need to consider a 1031 Exchange or an owner carry?
  • Talk to your CPA before listing your property.

Get All Financial Documents in Order

  • Rent Roll
  • Copies of Leases
  • Operating Statements for at least a year
  • Appraisals, environmental reports, soil reports, surveys and building plans, etc.
  • Copies of maintenance contracts
  • Mortgage Information
  • Copy of title policy and deed

Do You Have the Right Professionals?

  • Consider using an experienced and well connected real estate broker
  • Real Estate Attorney
  • CPA
  • Title Company

How Will Your Property Show to Potential Buyers?

  • A clean and uncluttered property has a better chance of impressing a buyer.
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