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Home Selling in 10538 : Real Estate Advice

  • All35
  • Local Info4
  • Home Buying12
  • Home Selling7
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Activity 7
Thu Nov 17, 2016
Kathy Burgreen answered:
I'm a former realtor and Larchmont resident. Your question doesn't make sense. If you are unemployed, aren't you receiving unemployment insurance or you are no longer eligible? If you sold your "house" for $146K, that sold price is for a 1 bedroom co-op apartment - not a "house". I live on Palmer Avenue so I know.
As for taxes due, have you lived in your house for 2 out of the last 5 years? If yes, you are exempt from capital gains based on whether you are single or married and what your tax filing status is. Read the IRS rules. If you have not lived there for 2 out of the last 5 years, you will owe capital gains taxes.
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Fri Jul 22, 2016
Christopher Pagli answered:
You can use your net profit for anything you want. Please let me know if Im misunderstanding the question, thanks!

Chris
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Mon Jun 20, 2016
MCM_STL answered:
Zero days because what you do with the sale proceeds has no relationship to any potential tax liability. https://www.irs.gov/taxtopics/tc701.html
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Sun Feb 8, 2015
Donald Mituzas answered:
The location of 3 Gerlach Place is listed incorrectly on a lot of different sites. I think I may know what the problem is. If I recall, when I myself lived at 3 Gerlach Place 40 years ago the back yard when all the way back to Stafford. 3 Gerlach has a tax map ID that ends with 2 and 6 Stafford ends with 1. When the property was subdivided it appears the tax map numbers assigned were backwards. When looking at the tax maps through our MLS when I click on 3 Gerlach is shows a picture and location of being 6 Stafford and vice versa. Very odd.

Don Mituzas
Licensed Associate Broker
Douglas Elliman Real Estate
Cell: 914-924-8581
http://www.donmituzas.com
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Wed Jan 14, 2015
Tim Moore answered:
Wed Apr 9, 2014
Diana Hellman answered:
Now is the best time to sell. Contact a local real estate agent who will make up a Competitive Market Analysis based on the sq. footage, number of bedrooms, baths, location and condition among other things. The agent will show you recent sales of comparable properties in order to base the marketing price, and to discuss how you would like to position yourself against other competing listings. ... more
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Sun May 12, 2013
Rich Golio, Esq. answered:
I specialize in Short Sale Listings and representing Short Sale Sellers.
Please feel free to contact me w. any quesitons.
914-304-4320
0 votes 4 answers Share Flag
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