case study
investment + wealth-building
investment + wealth-building
Range was engaged to assist in placement of proceeds from the sale of a large Montana ranch that had been in the same family for a few generations. With multiple family members involved, the sale had some complications that would need to be incorporated into the planning for the proceeds. Range was involved in all negotiations as the family member representative, but not on the actual listing team, during the two-year process of selling the ranch.
Range was engaged to assist in placement of proceeds from the sale of a large Montana ranch that had been in the same family for a few generations. With multiple family members involved, the sale had some complications that would need to be incorporated into the planning for the proceeds. Range was involved in all negotiations as the family member representative, but not on the actual listing team, during the two-year process of selling the ranch.
Once the ranch sold, Range worked with the family member for another six months to manage the placement of funds, finding multiple properties to 1031 exchange into allowing the family member to avoid a large tax hit.
As the family member representative, Range placed the proceeds into properties in Montana and Arizona that are positively cash flowing as short term and medium rentals. Some of the properties do double duty as the client sometimes stays in a few of them for vacation.
I enthusiastically recommend Liz as a buyer’s agent. She led us through a complicated 1031 exchange involving multiple pieces of real estate. She presented various properties meeting our needs and the 1031 exchange requirements, which provided us a lot of options. We could tell that she constantly checked the new listings in the different markets we were considering, and presented us those that she thought we would like – she even suggested markets that we hadn’t considered. In addition to dealing with the listing agents, Liz also interacted with the 1031 agent and our lenders, making sure that the closings occurred on time. In a transaction that was much more complicated than most, all of Liz’s efforts made the whole process seamless for us.
-Happy Client
The first step involves analyzing the situation, outlining goals, and then putting together a plan and a team to reach those goals—together.
Money often comes from long-held assets, some that have been in the family for years. Navigating the sale for top dollar is our priority.
Turn proceeds into assets that work for you and help you achieve goals, whether that is cash flow generation or long-term value growth.