We never signed an exclusive buyer broker agreement.

If the value has not gone up a lot since purchase, this might not apply to you, but one thing that is often a factor when converting a primary to a rental is losing your section 121 capital gains tax exclusion (up to $250k individual, $500k married couple if you've lived in the property for 2 of the last 5 years).

You can consider paying him more for his exclusive time and give you a bonus for completing ahead of schedule. 

Otherwise you run the risk of keeping yourself busy going nowhere.BTW, I'm in California as well and invest exclusively in Detroit.

Do you invest exclusively in SLC? 

However, whether gift tax is applicable depends on the value of the property transferred and the lifetime gift tax exclusion amount, among other factors.Cost Basis for Your Dad's Portion:Your assumption is correct.

I'm an agent in metro Atlanta and work exclusively with investors. 

They are in violation of copyright law and shouldn't do it.This is straight from the Chicago Association of REALTORS website:A reminder that the Chicago Residential Lease, and all of CAR’s forms and contracts, are an exclusive member benefit for use only by Chicago Association of REALTORS® members or those who are party to a transaction facilitated by a Chicago Association of REALTORS® member.

Does your company has any (state) exclusions?

We use QBO exclusively for all of our REI Clients.