BS – Mass Communication, MTSU
Real Estate Broker
With 13 years of experience, I have represented multiple clients in selling their businesses, and worked for Century 21 in the commercial division, and been professional training by both the California Association of Business Brokers, and the International Business Brokers Association.
Most sellers do not understand all the aspects of selling a business. Can you properly put a value range on your business? What are tax consequences of the allocation of the purchase price? If you have real estate can you do a commercial 1031 exchange into another income producing commercial property. I can either answer your questions myself, or I can get the answers to all your questions. As a member of IBBA and CABB, I work with specialists that can help you defer, reduce or eliminate taxes when you sell.
As a professional business broker, it is my job to continually find every way I can help you maximize your position when you sell your business. And I take my job seriously. So I am continually attending classes led by industry experts on all aspects of business brokerage. As an example SBA is offer to pay 6 month of SBA backed loan payments for anyone that has a deal closed or registered with the SBA before 9/27/2020. Tax law is constantly changing as well. Many CPAs and attorneys may not be up to date on the latest laws and strategies.
There are many was to structure a deal, and many of them are not to your advantage. Is your tax advisor up to date on 1400z – Qualified Opportunity Zones, 1031 Delaware Statutory Trust, 453 Installment Sales, 263c – Energy (Oil and Natural Gas), 170h – Historic & Conservation real estate, Solar Credits, and Bonus & Accelerated Depreciation. There are many of the other strategies that might help you walk away with more money, and possibly income producing assets, after the sale. Are you sure they know?
I can provide a no cost, no obligation consultation to see how I can best leverage my knowledge and resources to help you with your exit strategy. What do you have to lose?