I have a question for tax experts out there. Let’s say I did a 1031 exchange and chose a replacement property worth 100k, fully paid with cash from the exchange. Then I rent this property to my son and after two years...
My husband and I have lived in our home for 40 years and it's value has increased by almost $2 million over these years. We'd like to sell our house at some point in the near future because we're getting close to reti...
We have a 52,000 sq ft shopping center with retail and medical on the first floor, and second floor has professional and medical tenants. We have a chiropractor tenant upstairs who has been in the center over 20 years...
Hello BP, hope you are having an amazing pre thanksgiving warmup!I have been a real estate agent in Manhattan for a little over a year, been having a great first year, and I am looking to take my business to the next ...
Hey folks - is it common to sign an exclusive retention agreement with a commercial financing company? I'm reviewing a document that requires me to be exclusive to my commercial financing company for up to 5 years (ba...
I’ve asked around and tried researching this and I don’t see a clear answer. Even asked a cpa and it seemed murky.Has anyone ever been asked to move for work and needed to sell their home before the 2 year mark? Is th...
Dear Friends,
We purchased a 3 family house (with one title and one address) few months ago. We intend to occupy all 3 units in the house as our primary residence for more than two years.
Some of my family travel a...
My wife and I are searching for investment properties (mainly single family house - rehab and sell projects) in Tennessee. A Real estate agent we have been consulting with asked us to sign an Exclusive Buyer Represent...
1. Why would a seller list his/her home as "an exclusive right to sell agreement" restricting him/her, when he/she can list as "agency agreement" and have some extra flexibility to surface his/her own buyer?2. are the...
My wife and I have lived in a 2-family house together in NJ for 5 years and are now getting ready to renovate the first floor unit and then sell the whole building. We are considering doing a condo conversion first be...