Hi all,I have a question about capital gains exclusion (living in property for 2 of the last 5 years). From what I understand, the exclusion is sort of pro-rated (e.g. if one owns a duplex and lives in one unit, then ...

Hi all, interesting question if there is any way to do this. I am selling a 4 plex and want to 1031 into a couple properties. My question is whether one of those properties could be the current house I live in. I woul...

I am in the process of buying a commercial property with one agent (with a signed Buyer Representation Contract), and am also ready to engage in purchasing a second property--closing within a month of each other.  The...

I have a few questions that were on my  real estate exam that didn't make sense to me.1. If the agent leaves the brokerage that he works for can his/her listings follow? 2. If the agent list a house under exclusive ag...

Here is the scenario:I have inherited real property in California. I am the grandchild of the deceased along with 2 children of the deceased. One of the children of the deceased is my father. The trust calls for distr...

Nowadays all listing agreements - even open - contain holdover clauses with decent timeframes so that sellers can't get away with circumventing commission due to buyers the agent found.So why is it that most agents st...

Hi BP world, I am currently not taking a home office deduction since the entire space I use in my primary residence for my rental business is also used for personal activities (computer, file cabinet, office desk).  A...

Hi, question- is it a law that we have to sign a exclusivity form with our agent to put a bid in for the state of Michigan? Thank you

The worst Insurance I dealt with - I had a sewer backup on one of my condos - and when I wanted to file a claim they say the policy does not include itA while ago another property had the same issue - and no issues wi...

Hello all,I just have a quick question. I recently received a non-exclusive contract from my real estate agent so he can represent me. There's one sentence in there that I don't completely understand. It basically say...