Questions tagged [house-sale]
The house-sale tag has no usage guidance.
48
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How to evaluate options for selling a rental property
I own inherited rental property in the San Francisco Bay Area, and have been thinking about doing a 1031 exchange into Chicago, where I now live, for a few main reasons. One, I inherited the property ...
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Selling a home while Canada Disability
My friend on disability and want to sell my house and buy a smaller one. They will profit from the sale but will put that money into a new house. Will this count as income and mess up my disability?
I ...
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What's the cheapest way to buy out a sibling's share of our parents house if I have no cash and want to pay less than the appraised value?
My mother passed away, leaving 75% of her house to me and 25% to my sister, setting this up as a trust. The house was appraised at $944K, based on the time of my mother's death (November 2022).
I want ...
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Potential ways to mitigate realtor's seemingly massive conflicts of interest, when buying a home
I recently tried to make an offer on a home in Pennsylvania, and after reading the contract, I noticed what seem to be several massive glaring conflict of interests for the buyer's realtor.
Realtors ...
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Is Home Sale Legal Protection worth buying?
I'm selling my home and curious if "Home Sale Legal Protection" plans are worth purchasing. They are self described as covering the cost of lawyers for legal disputes about the information ...
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How to report buyer penalty on sale of house to the IRS?
I sold my house last year. A portion of the house included a residential rental. The buyer was several weeks late closing escrow. I charged the buyer a per day penalty to cover my mortgage interest ...
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Can either of the following Unforeseeable Events allow me to avoid capital tax on a sale of an apartment abroad?
I used to live in my apartment which is located outside the U.S. I have been renting it out for 5.5 years. I saw on the website of the IRS that if there were Unforeseeable Events then one can avoid ...
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Bank account limits: How do I pay for a house?
I am planning to buy a house next year, which is likely to cost $500k+. To fund the purchase, I’ve been selling stocks that I’ve acquired or been given by my employer over the course of many years. ...
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147
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Buying house in the UK
My situation is the following. I found a house in Leeds (UK) that I liked that was advertised for 160k asking price in May 2021. I viewed the house and liked it so I entered into a biding war with ...
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196
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Is a delayed investment a valid agreement among family?
Our family is currently in a bit of dispute over the future of my mother's home (she is still living).
I apologize if my explanation here is more complicated than it needs to be; I have simplified the ...
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785
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How to record house sale in Quickbooks Online
My wife and I recently sold our house, and I'm trying to record this sale in Quickbooks Online (we use QBO for our personal/family finances). We had several deposits made to our bank account (most on ...
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FSBO - showed house directly to buyer (without realtor involvement) then buyer submits an offer to their realtor. Who pays Realtor's commission/fees?
I recently showed my house to a friend of a friend, before officially putting the house on the market. The buyer then contacted me that evening advising they'd submitted an offer on my house to their ...
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5
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551
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Why would a bank not "buy a house for me" if they own the house until I've paid it anyway? [duplicate]
I find myself in a situation where I'm trying to buy a house, but don't have the money readily available. And my bank won't give me a loan, in spite of not having any problems with loans/money in the ...
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Resale of a House with Estate Rentcharge
Made an offer on a c. 40 yr. old freehold house in London. Had offer accepted.
When going through the docs as part of pre sign-off due-dilligence, turned out there is a 300 GBP / year Estate ...
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Why do real estate agents always ask me whether I am buying property to live-in or as an investment?
Trying to buy a house.
Along with -- what is the maximum you are willing to pay -- this is the most frequent question.
Why do they care whether I will live in it or rent it out? The two are not ...