The trust's tax status and provisions can significantly impact the calculation of capital gains tax.Moreover, there are various exemptions and strategies that can potentially reduce or eliminate capital gains tax, such as the primary residence exclusion for individual sellers, which isn't automatically applicable to trusts but may still benefit the beneficiaries under certain conditions.For those inheriting property, the scenario shifts.

I'm aware that both the seller and I need to sign the purchase agreement.

Massachusetts Single Family Home Stats for February: Despite an increase in new listings, not enough homes for sale to meet demand - stop me if you've heard this before - prices continue to rise.Median Price: $569,000 +9.42% Yoy.Closed Sales: 1,917, +0.95% Yoy.12 Month Closed Sales: 37,602, -18.72% Yoy.

Additionally, consider the long-term prospects and market demand in your area to ensure the investment aligns with your financial goals and risk tolerance.

How much rent is going for and where is there demand.

Also keep track of rental demand and prices.

Seller may reserve right to pick title company.

Accountants are in such demand, that the best are not even accepting clients half the time.The other problem I see often with accountants on here is that they specialize in larger investors, and have really high prices when you as a smaller investor do not need all the bells and whistles.Another thing I see is folks thinking they need to have a tax professional in their state.

Now I just call or text agents and say hey, I'm a flipper, before I spend time and travel to go look at this listing, how flexible are your sellers?

I've met with 3 sellers since the settlement and when I explained it to them (they hadn't heard of it), they told me to offer 2.9% to buyers agents so they'd be more competitive than other listings.