cuantoes
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Thank you all! The transaction is legitimate. The concession will not be under the table. My broker spoke with an attorney earlier today and the latter indicate...
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Do you advise I speak with an attorney? The home is on the market for 250K but the buyer wants to borrow 300K with me granting a 50K concession. Before I agree ...
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I do not want/need to have the full 300K "stated" as a selling price. I simply don't know if I should sell given this concession the potential buyer is requesti...
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The concession will be added to the purchase price so buyer can cover closing costs as they are short on cash. For example, the home is worth 250K but the mortg...
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Thank you. Since we are not planning to sell until spring 2017, we'll then wait to get married in that calendar year.
Activity Feed for cuantoes
- Posted Thank you all! The transaction is legitimate. The concess... on Deductions & credits. June 4, 2019 12:48 PM
- Posted Do you advise I speak with an attorney? The home is on th... on Deductions & credits. June 4, 2019 12:48 PM
- Posted I do not want/need to have the full 300K "stated" as a se... on Deductions & credits. June 4, 2019 12:48 PM
- Posted The concession will be added to the purchase price so buy... on Deductions & credits. June 4, 2019 12:47 PM
- Posted Can the concession to a buyer be deducted from the seller's cost basis (the capital gain I'd have to pay taxes on)? I'm selling my home. on Deductions & credits. June 4, 2019 12:47 PM
- Posted Thank you. Since we are not planning to sell until spring... on Deductions & credits. May 31, 2019 5:46 PM
- Posted Many thanks! on Deductions & credits. May 31, 2019 5:46 PM
- Posted How long do I need to be married to qualify for the 500K the real estate exclusion? on Deductions & credits. May 31, 2019 5:46 PM