Hello-My wife and I are selling our primary residence which we have owned and lived in for 6 years now. I inderstand married taxpayers can exclude up to 500k in capital gains. However I purchased the home prior to bei...
Hello everyone. I have a question. I bought a primary residence in September 2012 and lived there until December 2015. The house was held as rental property from January 2016 to September 2019. (3 years and 8 months)...
Hello BP world, I may be in the fortunate position of being gifted a plot of undeveloped land. The donor and myself are wondering if there are any ways to circumvent the gift tax that would come with the transfer of o...
Hello, I have been reaching out to some realtors to try and find buy/hold deals. One of them has been very adamant about being exclusive because of the time and effort that she puts into the property search and what...
I was told that HUD houses are often listed under "Exclusive Agency". Why doesn't HUD use the more popular "Exclusive Right to Sell"?
Question for the community. I'd like to sell my lease house that is currently occupied with renters. I'd rather sell it to an investor who is looking for lease property as the family likes the house and has one kid ...
I've been approached by a bank with a list of 800 REOs that they are looking to unload. They are spread out across the country. I'm thinking that I should have them send me the list with their rock bottom price on eac...
Hi everyone,This is my first forum post as I am relatively new to the BP community and the REI lifestyle. I say "lifestyle" because everything I have gleaned so far seems like this world must be an integral part of y...
What is everyone’s thoughts on a real estate agent requesting that you sign a exclusivity contract with their brokerage?
Hello,Thank you for taking the time to read my post. My wife and I are trying to help my in-laws with their retirement plans. They currently own their home and are looking to retire in the next 5 years. My wife and I ...