Craig Sparling
Exclusive right to rep (A post Burnet et Al world) for Real Estate investors
15 January 2025 | 2 replies
The National Association of Realtors.That said, I will not be signing an Exclusive Right to Represent as an established real estate investor, and I’m honestly a little annoyed to be asked.I also realize this may qualify for Reddit’s AITAH channel.
Kmsuea Abdei
Should I sign an exclusive agreement with agent?
30 December 2024 | 12 replies
You don't have to sign the agreement, though some state laws require an exclusive contract.
Victor Yang
if i gift a house, is the cost basis what i purchased it for or the FMV?
23 January 2025 | 7 replies
Quote from @Victor Yang:In addition, is it possible for me and my wife to gift 36k worth of equity per year of the house (under the annual exclusion limit) and therefore have none of the costs go towards the lifetime gift limit?
Caryn Fischer
Tax question with selling a house
22 January 2025 | 4 replies
For 2024, the annual gift tax exclusion is $18,000 per recipient (rising to $19,000 in 2025), and amounts above this require filing a gift tax return (Form 709).
Nicholas A.
How many realtors to reach out to
21 January 2025 | 11 replies
I have bought 2 rental properties and seen other realtors, and I have never once been presented with an exclusive buyers agreement.
Dallas Smith
Selling 2 properties
21 January 2025 | 4 replies
Just be mindful that you can't 1031 a personal residence but it might be eligible for capital gain exclusion from section 121.
Kin Lay
How to transfer my share of the house to my brother?
14 January 2025 | 5 replies
Any amount above the annual gift tax exclusion ($17,000 for 2023) counts against your lifetime exemption.
Warren Peasley
Selling primary residence / new home into LLC?
18 January 2025 | 3 replies
The capital gains exclusion is available to owner occupants primary residence.
Tim Hem
Capital Gains and IRS Publication 523
9 January 2025 | 9 replies
Does renting the home while deployed void the eligibility for exclusion of gain, even when the home was lived in/primary residence for 2 of the last 7?
Sean Kirk
Has anyone used Roofstock to invest?
12 January 2025 | 2 replies
They used to offer exclusive properties but now it appears that they are pulling MLS listings and will connect you with an agent.