Category: sellers

How To Sell A Damaged House In Rhode Island

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If you own a house that is in disarray or in need of repair, don’t fret. There are ways you can sell your house without having to pay for all the required repairs. If you need to sell a damaged house in the Rhode Island area, our latest post will help you save time and money … Continued

How To Sell Your House With Tenants In Rhode Island

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Do you own an investment property in Rhode Island that you’d like to sell? When other people are living in your house, the selling process can become a bit more complicated. In our latest post, learn more about how to sell your house with tenants in Rhode Island! As a landlord, there may come a day … Continued

Finding The Right Buyer For Your Rhode Island House

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Finding the right buyer for your house in Rhode Island can be a lot of work. Who knows how long it will take or how much they will offer? There are a lot of variables to consider when listing the traditional way. In our latest post, we will help you compare your selling options, helping … Continued

8 Tips On Downsizing Your Home In Rhode Island

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Downsizing your home can be beneficial no matter what stage of life you are in. Having all that extra stuff can feel cumbersome and overwhelming. In our latest post, we discuss easy ways to downsize your house without all the stress. With each year that passes, it seems that most of us gain more and … Continued

Principle (Home or Residence) Defined Hopefully

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In order to take advantage of the up-to-$500,000 exclusion of gain (or up-to-$250,000 if you file a tax return as a single taxpayer) the house you sell has to be your “principal residence”. Under most circumstances, we do not need a legal definition of this concept. “This is my house, and I have lived here … Continued

(When & Why) to Transfer Title to Children?

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Question. My wife and I are retired and are in our seventies. We have two children, and our house is currently worth approximately $300,000. We purchased the property many years ago for $32,000, and currently have a very small mortgage and a $40,000 home equity loan. We are debating on whether to sell the house … Continued

What Are Boomerang House Buyers Doing

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Are Millions Of Boomerang Buyers About To Ignite The Real Estate Market? Houston Prime Realty Remember all those people who defaulted on their homes during the last housing crisis? Well, those bankruptcies are about to be discharged, or they already have been, and that means we could soon see an avalanche of homebuyers hitting the … Continued

1031 Tax Deferred for Real Estate Investors

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Congress is currently talking tax reform. Two very important real estate benefits are on the so-called “chopping block”, either to be completely eliminated or significantly curtailed. It is doubtful that the home owner exclusion of up to $500,000 (or $250,000 if you file a single tax return) of profit will be impacted; there are too … Continued
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