Selling a Home You Half Own What happens if your soon-to-be ex-husband sells his half of your home. How do you sell a home you half own? Q: My disabled sister has been separated from her husband. Her husband signed over half of the house to his aunt. My sister never signed that deed. [...]
Capital Gains on Townhouse Sale How should the owners calculate their capital gain on a townhouse they have both lived in and rented? Q: We are selling our townhome this year that we bought almost 30 years ago. We lived there first for 17 years, as a primary residence and then we rented it. How [...]
Paying Taxes on a Home Owned with Kids Q: Our daughter and son-in-law lived in and paid all related expenses for three years in a home we purchased together. They recently sold the home. Could you tell us how we can report this on our federal tax return? If not, can you tell us where [...]
Foreclosure Sale Cuts Off Homeownership Prospects Q: I’m ignorant of real estate law so this may be off base. Maybe you can tell us if we’re correct to be angry. My son moved back to Virginia last year. He was pre-approved for a loan, got a real estate agent, and began looking at homes. Over [...]
Neighbor Problems: Renovation Noise Q: I enjoy reading your column. I’d like your input. A new owner bought an upstairs condo. Their unit is right above my condo. They’ve been renovating their unit every day, Monday through Friday from 8:00am until 5:00pm. It’s been like this for four months. There is no end in sight. [...]
Radon Test Before Listing Home For Sale Before Listing Your Home for Sale, Take Care of the Small Stuff. And, Have a Radon Test Q: This isn’t a question, but a comment/suggestion. I read one of your columns on your website talking about taking care of the small stuff when it comes time to list [...]
Home Sale Cash: Divorced Spouse Wants Her Money Q: I was divorced back in 1999, My ex-husband kept the property we bought together. I didn't get a cent when he sold it. But, I also don’t remember signing off when he sold the property. I read that I should’ve signed a special warranty deed in [...]
2025 Home Seller Resolutions Every year, Ilyce and Sam offer their readers New Year’s resolutions for home buyers, home sellers and their personal finances. This year, they added their 2025 Housing Trends. These are their 2025 Home Seller Resolutions. Buyers had a little more purchasing power in 2024, but two headwinds remained: Roughly 85 percent [...]
What are your 2025 Personal Finance Resolutions? Every year, Ilyce and Sam offer their readers New Year’s resolutions for home buyers, home sellers and their personal finances. These are their 2025 Personal Finance Resolutions. Here's a look at their 2025 Housing Trends. Last year, we asked our readers whether we were in a Silent Depression [...]
What is a 1099S Form? Who do I get it from? Q: What is a 1099S form? I just sold my house and moved into a 55+ community. The community had an entrance fee. And, I now pay rent on my apartment every month. I want to be prepared for filing my 2024 taxes. My [...]
