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Selling a House

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    How to Manage Inherited Property Split Between Siblings

How to Manage Inherited Property Split Between Siblings

By Ilyce Glink| 2021-01-08T10:00:27-06:00 January 8th, 2021|

How to manage inherited property split between siblings. This reader wants to either buy his sister out or sell the property, but she refuses. Q: My boyfriend’s mother died several months back. He wants to either buy his sister out or sell the property, but his sister has refused his verbal requests to buy her [...]

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    How Do I Avoid Capital Gains Tax for Jointly Owned Property?

How Do I Avoid Capital Gains Tax for Jointly Owned Property?

By Ilyce Glink| 2020-12-23T11:18:50-06:00 December 23rd, 2020|

How do I avoid capital gains tax for jointly owned property? This reader wants to know how best to go about using the home sale exclusion when they sell the property. Q: My wife and I own our home jointly. The home has appreciated substantially in the 25 years we have owned it to the [...]

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    How to Calculate Profits and Taxes on a Home Sale

How to Calculate Profits and Taxes on a Home Sale

By Ilyce Glink| 2020-12-11T13:59:51-06:00 December 11th, 2020|

How to calculate profits and taxes on a home sale. This reader wants to know how to determine profits, costs and taxes on a home sale. Q: I have a question about selling your home and trying to determine the cost basis for tax purposes. Is the profit the difference between the sale price of [...]

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    Is the Housing Market Going to Crash in 2021?

Is the Housing Market Going to Crash in 2021?

By Liz Stevens| 2020-12-11T08:43:50-06:00 December 11th, 2020|

Is the housing market going to crash in 2021? After a whirlwind year in 2020, real estate experts expect another record breaking year in 2021. Is the Housing Market Going to Crash in 2021? The housing market has shown some signs of slowing down after a record-shattering year in 2020, prompting headline writers to start [...]

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    Real Estate Market 2021: Where Homes Are Selling Fast

Real Estate Market 2021: Where Homes Are Selling Fast

By Liz Stevens| 2020-12-03T10:03:11-06:00 December 3rd, 2020|

Real estate market 2021: where homes are selling fast. Housing market predictions highlight the metros that’ll have the greatest sales growth in 2021. New housing market predictions from Realtor.com anticipate a strong year for buyers and sellers in 2021. This goes hand-in-hand with the strong mortgage market expected in 2021 due to continuing, historically-low interest [...]

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    What Should I Do If I Don’t Qualify for the Full Home Sale Exclusion?

What Should I Do If I Don’t Qualify for the Full Home Sale Exclusion?

By Ilyce Glink| 2020-11-20T10:15:16-06:00 November 20th, 2020|

What should I do if I don’t qualify for the full home sale exclusion? This wants to know if they have any other options to reduce taxes on the home sale. Q: We're a French family moving back to France next year. I read that a married homeowner who has lived in his principal residence [...]

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    Why Pocket Listings Are a Disservice to Home Sellers

Why Pocket Listings Are a Disservice to Home Sellers

By Ilyce Glink| 2020-10-16T09:41:29-05:00 October 16th, 2020|

Why pocket listings are a disservice to home sellers. This reader had an agent who used a pocket listing to market exclusively to a religious community. Q: I’ve been following your discussion of pocket listings with interest. I had an unfortunate experience with a broker who used a pocket listing to try to sell my [...]

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    How to Resolve Title Issues

How to Resolve Title Issues

By Ilyce Glink| 2020-10-16T09:32:54-05:00 October 16th, 2020|

How to resolve title issues. This reader sold one property but the closing attorney used the legal description for two and they need to get it fixed. Q: Earlier this year, I sold my house through a real estate company. I then moved next door to a rental home I own. A few months later, [...]

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    How to Sell a Farm Property in 2020

How to Sell a Farm Property in 2020

By Ilyce Glink| 2020-10-02T12:13:17-05:00 October 2nd, 2020|

How to sell a farm property in 2020. This reader had it listed with two different agents and doesn’t feel like they made an effort to make the sale. Q: I own a large farm that I have been trying to sell. I have had cattle, we do hay and have a hunting lease. But [...]

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    Can You Sell a House If You Are on the Title but Not the Mortgage?

Can You Sell a House If You Are on the Title but Not the Mortgage?

By Ilyce Glink| 2020-09-11T09:34:24-05:00 September 11th, 2020|

Can you sell a house if you are on the title but not the mortgage? Two names were on the title, but only one was on the mortgage when one spouse died. Q: My stepfather bought a house in Miami in 1999 and he included my mom on the title of the property at that [...]

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