Commercial Property Owners!!! Do not make these mistakes before selling.
Posted by Tim Bray on
Maximizing Long-Term Value in Real Estate and Business Sales: Top 5 Strategic Mistakes to Avoid
By Tim Bray, Broker/Owner, Seaport Real Estate Services
Hello, I'm Tim Bray, the broker/owner of Seaport Real Estate Services and a graduate in Real Estate & Urban Economics from UConn. Through my years of experience, I've seen how focusing on short-term gains can lead to long-term challenges in real estate and business sales. Let's explore the top five strategic mistakes to avoid for maximizing long-term sale values.
1. The Pitfall of Underreporting Income Underreporting income, particularly through cash transactions, may offer short-term tax benefits, but it drastically reduces your property's perceived profitability and legal standing. Accurate…
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