10 October 2024 | 0 replies
These agents often have exclusive access to properties that aren’t publicly listed, and networking with them increases your chances of getting the first look at these hidden gems.Build a professional network Build a professional network of wholesalers, contractors, and investors using real estate forums like BiggerPockets.These real estate professionals often know about potential sales before they become public.
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9 October 2024 | 2 replies
The cost of title insurance is dependent on (1) the state the property is located in (2) the amount being insured (3) whether insurance was recently purchased from the same insurer, (4) the exclusions in the policy.
8 October 2024 | 5 replies
Either way, you need to take the legal steps to obtain exclusive possession.
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6 October 2024 | 49 replies
If it wasn't an exclusive buyer agency agreement there would be no contract to cancel because it would be by definition NON-exclusive.
10 October 2024 | 0 replies
For example, the “Home Sale Exclusion Gain” (IRS Section 121) lets you exclude up to $500,000 in profits if you are married filing jointly and $250,000 if you are single.The post originally appeared on the BiggerPockets blog.
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5 October 2024 | 1 reply
To show a home, you must have either a non-exclusive buyer agency agreement (a one-off) or an exclusive buyer agency agreement signed with a client to show them homes.
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10 October 2024 | 13 replies
Then use section 121 tax exclusion.
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4 October 2024 | 8 replies
You are all adults that did an adult thing.
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8 October 2024 | 22 replies
Now I'm almost exclusively AirBNB.
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5 October 2024 | 2 replies
However, the use of the property as a personal residence by Person A might qualify Person C for a partial exclusion of capital gains if Person A met the 2-out-of-5-year ownership and use test before their death.