Real Estate

Recent Answers

2012-02-22 Residential Property Management - Property Management Agreement - Indemnity Clause:

You are correct to be concerned about that provision. Most of our more sophisticated clients wouldn't agree to such a broad indemnity provision. I recommend a simple carve-out where you exclude the gross

2012-02-21 Nonprofit Law - Taxed on Donated Property Appreciation?:

I have in my profile that this free forum is only for general questions relating to IRS federal exemption issues of 501(c)(3) organizations.  Your question is related to a donor's individual income tax

2012-02-21 Tax Planning - State exemptions:

Harrison - My expertise is in the are of Federal taxation only.  I do practice my profession in California, so that's the state tax law that I know best.  I have clients in about 10 other states and I

2012-02-21 Real Estate: Florida - House Contract:

Tom and Diana,    This sounds really strange.  It could be a number of things.      Maybe the bank froze the foreclosure because it was one of the robo-signing properties and the bank wanted to make triple

2012-02-20 Buying or Selling a Home - Earnest money:

Hi Ralph;  You're welcome.  I wanted to clarify one other thing.  Lenders often are a problem in a transaction and therefore we REALTORS often construct our offers to purchase or contracts very carefully