“I’m going to be interviewing agents to sell my home in North County. What should I be looking for in a marketing plan?”
***ANSWER:
Question…
If you need an attorney, would you ask him how he files motions and litigates cases?
If you need a surgeon, would you ask her how what types of scalpels she uses or […]
“I own apartments and I’d like to learn more about Limited Liability Companies. I’ve heard they could help protect me in case I get sued if one of my tenants slips and falls or has some other accident. What can you tell me about LLCs?”
***ANSWER:
Since this is California where everybody sues first and […]
“I’ve seen an agent in my neighborhood advertise that they’ll buy my house if they don’t sell it. But I’d rather use you. Will you give me the same guarantee?”
***ANSWER:
Sure. But you won’t like the price. And you won’t like the price the agent you mentioned offers you either.
The reality is […]
“There’s a house my wife and I have fallen in love with. But the owner wants $40,000 more than any house of similar size in the area has ever sold for. How do I talk her down to a realistic price? Thanks.”
***ANSWER:
There’s more to value than square footage. There’s location, condition, […]
“Hi Gary. I just turned 55 and I was wondering if that means I can sell my rental house tax-free?”
***ANSWER:
Where do I start…
Prior to 1997, tax law allowed homesellers 55 or older a once-in-a-lifetime option to exclude $125,000 of gain on their principal residence. This did NOT a investment property.
And that […]