William W.
Tax Implications of Sale of Primary Residence to LLC owned by me
Hello. I've seen this question asked before but I haven't seen an answer that address my specific concern. I think the question is best posed to this sub forum.I have a condo that I've owned as my primary residence....
Kristen Martin
What to do with 100k.
So, my husband and I purchased our home almost 3 years ago for 209k. It's BIG...4 bed, 3 bath 2600 sq ft. We don't need that much space for us and 2 daughters. The values have gone up quite a bit in our area. Similar ...
Nick Louie
Buyer Agent's Commission Fees
Hi BP Community,
I was wondering whether it's customary (in your respective communities) for a first-time home buyer to work with a buyer's agent and agree to exclusivity for 3 months and to pay the agent 2%. In this...
Andy Zohoury
Non-Exclusive Comcast Agreement Fee
Hello! I have a question about what is an appropriate agreement fee for a utility provider, such as Comcast, to bring their services to a property? For some background, we own a Class A complex of 36 townhomes in Atla...
Sam M.
What is an exclusive contract w/agent?
Exactly as stated in title. I am currently working a couple of FSBO SS flips. I am looking to start some short sale flips using agents to bring me listings and it was sugested that I talk to them about an exclusive c...
Fabricio James
Key Opportunities in the United States for Investing in Luxury Properties
Key Opportunities in the United States for Investing in Luxury Properties
The luxury real estate market in the United States is constantly evolving, and certain states and cities offer unique opportunities for those ...
Lawrence L.
House hacking my CPA says don't claim rental income
I have a one family house renting out the top living in the basement. My CPA says when I file I should not file showing the rental income because if I want to sell then I will not get the 250,000 tax free allowance. I...
Andy V.
Exclusive Agency Agreement
I need to get opinions on something. I have been talking with a realtor and I'm supposed to be meeting him tonight to look at a property in the Chicago metro area. He sent me a text a little while ago asking if I ha...
Jonathan Greene
Why The New Mandatory Buyer Agency Agreements Are Going To Help You as an Agent
We all know what happened on August 17th because of the NAR ruling and lawsuit. To show a home, you must have either a non-exclusive buyer agency agreement (a one-off) or an exclusive buyer agency agreement signed wit...
Phil DeSimone
Tax question on capital gains tax exclusion on primary residence
I am in the middle of a tax dilemma on a recent house I sold in late September and would really appreciate any feedback or referrals to someone who would know the answer.so... I play pro hockey (forces me to leave my ...