18 March 2024 | 2 replies
And I’m 99% sure You will lose your capital gains sales 100% exclusion as you will have unqualified time before your qualified time.
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18 March 2024 | 1 reply
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18 March 2024 | 6 replies
Before getting my license, I only worked with agents who agreed to charge for only the homes they showed me, no exclusive buyer broker, and I’ve walked on ones that tried to throw in an admin fee.
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18 March 2024 | 3 replies
He is the only potential buyer as he has the lease for another year, after which my 250k exclusion will have run out.I am researching the servicers now - thanks!
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22 March 2024 | 132 replies
I am almost certain you are buying through RETA / International Living / Ronan MacMahon since they have Samsara as an exclusive.
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20 March 2024 | 193 replies
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19 March 2024 | 30 replies
I'm eventually going to be a Seller as I unload my portfolio within the next 5 years.This Ruling means I don't have to worry about Buyer Agents refusing to show their Buyer Clients my properties because I didn't offer a Buyer Agent cut on the MLS.In my Market of multi-million dollar properties, 2.5% Buyer Broker Commissions is easily $50k.My overall assumption is that the incentive of the Buyer Broker Commission effectively steers Buyers away from these properties or the Buyer Broker just doesn't get paid since the Buyer really doesn't sign an exclusive in my Market.This ruling seems to take away the unintended consequences of the old system to let a listed property with no Buyer Broker Commission split languish.
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14 March 2024 | 8 replies
I signed an exclusive agreement with an Agent that I want to terminate.
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16 March 2024 | 15 replies
It’s a big step up to $1,2,00 when it’s almost exclusively to do one or two rentals.
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15 March 2024 | 5 replies
There are also tax considerations, such as depreciation and IRS Section 121 Exclusion like you mentioned.