All Forum Posts by: Alison S

 The house was an inheritance from a trust so not a sale and not on good terms with the other parties.  

The deed was recorded with the county through an attorney and not through escrow.  

Title company is asking for an Uninsured Title affadavit to refi out of a hard money loan.  

Are there title companies that will still insure a title in the home is a quitclaim and the previous grantor won't sign an Uninsured Title Affadavit?  What do you do in that situation?

Question for the tax pros out there.

If someone inherits a home from a trust after death of the owner, and the home is their primary residence, does the two year period to exclude capital gains on the sale of a primary residence start from the date of death or the date the house was distributed from the trust? 

For example - Mother dies May 1st and house is in a trust, leaving home to son  who is living there.  But the deed  is not transfered to him until November. 

The son decides to keep living in the house for now.   When the son eventually sells the house, does he have to wait 2 years starting from May or November to get the 250k primary residence capital gains exclusion?

Hi,

When evaluating a deal out of state, how/where  should I be factoring in travel expenses  (if at all) into the deal analysis?

Thanks!

Alison

This is great.  Curious what the 'before' rents were.  And even though not rent controlled, were you legally subject to any percentage limitations on the rent increase itself?