
24 April 2024 | 1 reply
I posted on 2 local community groups that I will be selling my house in the next month or so .

24 April 2024 | 2 replies
Here is the detailed information:A condominium was purchased by Person A on 11/01/1986 for $52,700.On 11/7/2015, a real property was quit claim deeded by Person A to Person B as a joint tenant with rights of survivorship and Person C as a joint tenant with rights of survivorship.On 11/17/2020 person A died.On 01/17/2023 person B died.Person C (myself) will be selling the real property.I need to determine what capital gains I owe on interests I held and then the additional stepped up interests I acquired through survivorship.My analysis is as follows:The timeline for ownership interests is:11/01/1986 Person A 100%11/7/2015 Person A 33.33%, Person B 33.33%, Person C 33.33%11/17/2020 Person B 50% & Person C 50%01/17/2023 Person C 100% The tax implications are:1.

24 April 2024 | 6 replies
I have a vacant lot I am about to put under contract to sell in St Augustine Fl.
24 April 2024 | 11 replies
That means owing more taxes in the future while decreasing the tax benefits of owning that property until you sell.

24 April 2024 | 2 replies
I have some investors who have bought homes to be sold in a few of my communities that I need to sell and unfortunately, that falls on me.What other structures are we seeing that allow for effective scale?

24 April 2024 | 4 replies
To add a 4th point if you will, more like point "3a" (it's kinda closely tied to your 3rd point), if the Buyer ever wanted to sell, the Buyer would be "locked in" to that deal for at least a decade or until the house was "above water".

24 April 2024 | 36 replies
If she moves out quickly, offer her a profit-sharing agreement of 5% or less on top of your goal profit when the property sells.

24 April 2024 | 3 replies
It required the seller wanting to sell to us and decide to be willing to owner finance 75% and coming across a group of siblings looking for a 1031 that we were able to partner with.

24 April 2024 | 36 replies
You work for a period of time, you sell the house, you get a chunk of money, and then you are done.A long-term rental will bring money for the rest of your life and continue to grow in value.
24 April 2024 | 9 replies
I have another car that’s paid off that I am going to sell for around 15k.