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I bought a place before and feel like I paid a bunch of money for closing costs, but didn't know what it was for. I'm hoping to sell and buy a different place this spring, but I want to understand what I need to pay and make sure I have enough money for it.
Asked by Henry | Bentonville, AR | 03-01-2023 | 708 Views | Finance & Legal Info | Updated 3 years ago
So, the seller usually pays the commission for both agents, right? Who determines the commission rate for the buyer's agent? Can the seller's agent get 2.5% and the buyer's agent get 2%? Or is it always split evenly?
Asked by Tony | St. Louis, MO | 02-27-2023 | 1,345 Views | Finance & Legal Info | Updated 3 years ago
What should I pay attention to when reading a real estate agreement or contract? There's so many pages and so many details, I don't know what to look for or what's important.
Asked by Charlotte | Augusta, ME | 02-22-2023 | 1,155 Views | Finance & Legal Info | Updated 3 years ago
Do you need to report sale of real estate at a loss?
Asked by Brianna | Monroe, LA | 02-17-2023 | 902 Views | Finance & Legal Info | Updated 3 years ago
Just wondering if I should do some home improvements before I sell. Would they be tax deductible or is there any kind of tax benefit?
Asked by Will | Waterbury, CT | 02-08-2023 | 1,268 Views | Finance & Legal Info | Updated 3 years ago
Hi, How do I avoid paying capital gains tax on real estate? We're planning to move, rent for a bit to see what neighborhood is best for us, and then buy a home. It might take a year or so before we buy our next home. But we don't want to pay capital gains tax. Is there a way to avoid this?
Asked by Carol | Glenview, IL | 02-06-2023 | 1,064 Views | Finance & Legal Info | Updated 3 years ago
Help me understand earnest money. What is it? Why do I need to pay it? Does it go towards my home purchase? What if I back out, do I get that money back? Clearly I need some help in understanding how this works. Thanks.
Asked by Peter G | Phoenix, AZ | 01-20-2023 | 1,600 Views | Finance & Legal Info | Updated 3 years ago
If we sell a property that is in a trust, do we have to pay taxes? And who is responsible for the taxes, the trust? Thanks
Asked by Tido V | Galveston, TX | 01-20-2023 | 1,431 Views | Finance & Legal Info | Updated 3 years ago
I sold a property last year and need to report it. How do I report a real estate sale on my tax return?
Asked by Carl B | St. Louis, MO | 01-19-2023 | 969 Views | Finance & Legal Info | Updated 3 years ago
If I put my house on the market for sale will it stop my property tax auction
Asked by Jamie Waymire | Sattelite Beach, FL | 01-14-2023 | 739 Views | Finance & Legal Info | Updated 3 years ago

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