Brian Lau
Negotiate with potential broker
Commercial broker wants standard 6% and to sign exclusive listing. I already have a LOI that needs negotiation. What are ways to get out of an exclusive contract?I also have another broker that will do it for a flat f...
Jack B.
Will I owe capital gains tax if I move back and sell?
I don’t think I would, but for some reason the IRS’ web sites example claims that I would, despite it conflicting with several CPA articles that I've read that state otherwise. I thought that as long as I lived in the...
Brian H.
Investor Website Question
Hi all,
I'm working on my buyers website, and I am toying with the idea of making the property listings exclusive to investors that signed up to be on my buyers list.
My question is: should I take this approach, lis...
Diondra Brown
LLC or Individual
I am looking to build a duplex or triplex. I will be living in one of the units. I plan to use a fha loan to build if I can. Would I be able to put the property in my business name since I'll be living in one of the u...
Dakota Mivshek
Gifts and Tax Implications
Question on Gifts and taxes. I have a client, whom has parents willing to gift ~$100k. I understand that the annual exclusion per year is $14k; could you help me understand what this estate tax lifetime exclusion is a...
Adrian Stuart
HUD registered buyer's agent
Hey everyone!
A listing from HUD popped up in the area in which I was looking for my first property (in NJ). From the website, only brokers who are registered with HUD are allowed to place bids on my behalf. There's...
John D.
If rental is converted to owner occupied; then is $250K tax free?
Consider I buy a property and rent it out. Then sometime in the future I occupy it as an owner for 2 years and then sell it off. Would I receive the full $250K profit from selling the property as tax-free money?
Brandon Blackmon
Would you pay per lead for a service like this?
Hi,
I'm an aspiring investor and a software engineer. I've built a service that contacts (via text message) pre-foreclosure prospects. About 1% of the prospects become leads (they respond with something showing actua...
Simon Martinez
Primary residence tax /rental question. Florida and Texas.
I purchased my first primary residence in Florida in November of 2015 for $79,000. I then had to move due to military restationed me to Texas on May 2017. I have had my house for sale for almost 6months, got under con...
Elizabeth Colegrove
Capital Gains Question
I have a quick 2- part question for a friends guys. They had last minute orders.
I remember reading somewhere that if you move in less than 2 years due to military orders or family circumstances you could divi...