Charles Ma
$250k / $500k Capital Gain Exclusion from sale of primary
Hello BP, I've been looking up the nuances of this gain exclusion but wondering if there any any people here who have managed innovative ways to meet this primary home capital gains exclusion rule while getting creati...
Nick R.
Get 121 Exclusion by Selling to My Own Entity?
I'm still in the Section 121 exclusion window for a property of mine that's appreciated significantly since I bought it. I like it as a rental property and also as a long-term appreciation play given its location, but...
Ryan Bird
Insurance adding an exclusion of fungi or bacteria liability
My insurance company just sent me a notice regarding the drop of fungi or bacteria from liability coverage. It says the fungi or bacteria exclusion applies to bodily injury, property damage and also any loss, cost for...
Silo Mansaray
Should I sign an exclusivity document with an agent?
I came across a real estate agent that I meetup with in person and wants me sign a "Exclusive right to represent buyer for residential property". I told her that I do work with other agents. As a new investor should I...
Dan Bowe
Signing a non exclusive representation agreement with a broker?
I'm fairly new to RE investing. I've started looking around and talked to a few brokers about deals I found online. One of the brokers said he could send me dealflow but required that I sign a non exclusive representa...
Steve Hungerford
Is the Section 121 Exclusion going up anytime soon ?
Hello,Is the Section 121 250K/500K Capital gains exclusion likely to possibly go up ?I was reading from the NAR website about a bill they are endorsing. Before the House of Representatives left Washington on October 1...
Rosalie Taran
Income Tax extension/ Solo401k/ capital gains over 121 exclusion
Hi BP community, My husband and I will be selling our California home early next year and are expecting to have capital gains above and beyond the 121 Exclusion of $500K.1. I have a home business and just opened a Sol...
Dan M.
House Flipping + § 121 Exclusion of Gain on Personal Residence
Hello all!I'm a (somewhat) recent college graduate with a degree in management accounting. Contrary to my degree, I've started a professional career in tax accounting. My fiance and I are both sick of flushing ~$1,0...
Daigo Kurosaki
Real Estate Agent asking for Exclusivity.. is this normal?
Hi BP,I'm starting to look for properties in West Los Angeles (Culver City/Mar Vista, etc), and I found an agent who seems decent, but she's asking for "Exclusivity" no matter what I buy.This is the first time I've wo...
John Jung
Capital Gains Exclusion on Jointly Owned Home: Clarification Needed
Hello Bigger Pockets community,
I'm currently in the early stages of purchasing a property with a partner, and I have some questions about the potential tax implications if we decide to sell within five years. Here's...