What about selling my building? Including real estate with a - TopicsExpress



          

What about selling my building? Including real estate with a practice sale significantly complicates matters. We have seen situations where the seller has insisted upon the purchaser acquiring both the practice and the real estate. Even if a discount was offered as an inducement, our experience suggests the inclusion of the real estate turns away otherwise interested purchasers, significantly extending the time required to find a purchaser. And while it is possible to sell both to a single purchaser, you should know that historically, when real estate and professional practices are combined in a single transaction, the value of both are drastically compromised. To maximize the return on each asset, many dentists sell the practice and rent the building to the purchaser under a long term lease with an option to buy. This allows the purchaser time to get comfortable with the practice before taking on the additional debt associated with the building.
Posted on: Thu, 01 Aug 2013 13:30:00 +0000

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