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Results (10000)
Alan Asriants Buyer will now have to sign contracts before touring homes - PA
27 August 2024 | 19 replies

As the title of this post mentions, Buyer should be aware that now the MLS requires Buyers to be in a agency contract with their agent before scheduling any tours. This should have already been a common practice, but ...

Steve Ford Inherited Property: Property Tax Reassessment Questions ?
10 June 2016 | 2 replies

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...

Charles Whitmore STR - Liability Insurance
23 May 2022 | 3 replies

Hi all - First time post, thanks in advance for your time. Briefly, my partners and I recently purchased a short term rental, and will be opening up next month. Our current policy is through Lloyds and has a number of...

N/A N/A Liquidating a rental every 2 years and capital gains
28 April 2022 | 7 replies

I keep hearing of investors who want to liquidate several residential holdings and avoid any capital gains by selling their primary residence then moving into another previously rented out home, which becomes primary,...

Jack B. If I move BACK INTO a rental, does the 2/5 year rule apply?
28 January 2019 | 24 replies

I bought the house in 2013 and lived in it for 1.5 years. I moved out and rented the house out for 3.5 years. I just moved back into the house. If I go to sell it in 2-4 years, will any portion of the property sale be...

Neil Smith Deferring taxes on profits from sale of primary residence?
4 December 2023 | 3 replies

I have a potential client who owns a home in Boulder that is their primary residence and it worth ~$1.3M and they have >$500K of equity in the property. They're wondering if they sell and put all of the proceeds of...

Mike Shahi New construction/capital gains/death of parent- need tax advice
29 August 2024 | 4 replies

Hope all is well. My parents own a home in MD and owe about 500k on it. As is, the home can sell for 1.1/1.2. The home was purchased in 2008 for 700k. Mom passed away last year unexpectedly. Now, Dad and I are trying ...

Marty Gangler 1099-c on a short sale in 2012 -rental that was primary
4 March 2016 | 10 replies

Hello.  I had a house in the suburban Chicago area for 5 years.  The first 3 years it was a primary residence.  Then once we decided to increase our family we bought a new house and converted the first house to a rent...

Alex Garza Wholesaling real estate
23 May 2020 | 2 replies

What is an Exclusive option? I just got under contract today with a property that was listed on the MLS. I’m now looking for the cash buyer and got an offer for 844k and asked if I was comfortable exclusive options wi...

Steve S. Can you get a homestead exemption without living in the house?
24 February 2017 | 2 replies

I've heard people do this.  Is that an option?