Ray Loveless
My Agent wants me to sign a "buyer's-Broker" agreement. go/no-go?
So I'm searching for a Multi family property in Utah, I've contacted some agents and let them know I'm looking. One agent, who I've worked with for a bit, send me an email stating they have an off market deal and tha...
Jonathan Sammarco
Taxes 18 months after purchase
I'm sure this has been discussed, but I lived-in a house (primary residence) and flipped it, Its been about 15 months and anticipate putting on the market in the next 60 days. Which would put me under the 2 year perio...
L W
sub2 question
hello all:
I am trying to purchase a house sub 2 the existing mortgage and the seller has agreed to do so however the property is listed with a realtor. Any suggestions on how to get around the realtor listing? The h...
Derek Hutson
Realtor can't give me networking information?
Hello,I am currently in the process of looking for my first property, and am gathering my network of resources to use (realtor, inspector, lender, etc..)I asked my realtor for information regarding a couple home inspe...
Chris Penny
Exclusive Broker Agreement
Hi, All. I contacted a broker about a 6 unit property that ended up not being right. He said he had some properties that were not yet on the market and would I like to see them? I said I would be interested. What ...
Mark A.
Buyer’s Contract in South Carolina
I am looking to purchase real estate in Columbia SC. I am an out of state investor. I contacted an agent and explained to him what type of properties I would like, where i would like to purchase etc. Shortly therea...
Account Closed
Home Sale Tax Exclusion on a property with multiple owners
Hello,If I own 25% of a house that has $1,500,000 capital gains (i.e. bought for $500,000, sold for $1,500,000, my portion of the gains is $375,000), how does the home sale tax exclusion work? Does the $500,000 exclus...
Jennifer Nesovic
Does Gift Tax Apply or Does Lifetime Exclusion Prevail ?
Hey Guys -
Does anyone have any comprehensive Information regarding gift tax ?
For example: if a parent wants to gift the post capital gains proceeds from a family cabin to 2 children ...Short of death, does the g...
Mike Bonadies
"Exclusive Right to Work-With Agreement" question
Hi fellow BiggerPocket colleagues! I'm very new to real-estate investing and I have a question about Real-Estate Agents and "Exclusive Right to Work-With Agreements." The other day I met with a Real-Estate broker in B...
Connie Sullinger
using a 1031 exchange
I am a homeowner and wondering if I can move out of my current home, rent it, and use a 1031 exchange to pay the current mortgage and home equity line of credit. Can anyone help with this question? Thanks.