Monthly Archives: July 2020

Selling Rental Property Avoid Capital Gains

Posted by Shawn Simpson // July 29, 2020

Selling Rental Property Avoid Capital Gains

One problem with owning rental property in this time of Covid 19, you may decide that dealing with non-paying renters is a no-win situation. The time to sell is now and damn the tax consequences. Zacks wrote, “One problem with doing well with an investment is that the Internal Revenue Service is usually waiting with […]


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What Is Closing If You Are a Buyer?

Posted by Shawn Simpson // July 8, 2020

What Is Closing If You Are a Buyer?

What Is Closing If You Are a Buyer? If you’re a typical buyer, you looked at houses online and in-person with your realtor. You found the house for you and your family in the perfect neighborhood and at your price. You made an offer and the seller accepted. Now it is time for the closing. […]


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What Happens at Closing for a Seller?

Posted by Shawn Simpson // July 1, 2020

What Happens at Closing for a Seller?

What Happens at Closing for a Seller? The closing is an important day for you as a home seller. You will transfer the property to the buyer, fully pay off any mortgages, and receive your sales proceeds. If you are using the proceeds for a new home purchase on the same day or shortly after […]


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