We appreciate that real estate transactions, developments, and agreements often require a protection of the information, agreements & data associated with confidential & private information. We therefore assure any individual or entity that contacts us that we will protect information provided us on a “CLOSE HOLD BASIS’, until such time that the determination to make information public or open to others is concurred in.
Please do not hesitate to e-mail us a note or Reply below with a brief description of what you want to discuss with us. For example, ” I’m a RE broker (or owner/seller) that would like to discuss selling an income producing property with you, and I need ………….” or ” We own a parcel of land we’d like to see it developed. Can we chat about …….?”
Gorman 456 offer (2) types of acquisition deals related to multi-Family properties to owner wanting to get cash out or sell in the general Gig Harbor, WA area.
DEAL #1. – We may simply buy your property; which allows you to handle the issues of associated fees, taxes, sale expenses and if you elect an IRS 1031 tax deferred exchange.
DEAL #2. – You exchange your multi-Family property into a Gorman 456 Washington LLC for a shareholder (pseudo partner) interest and a renewable loan or line of credit, thus allowing you to defer the substantial costs and taxes involved in a simple real estate purchase and sale transaction.
Dependent on a series of tax regulations and your tax bracket your cash realized after a simply sale may be in the order of sixty cents of the sales dollar. Ouch !!