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Home Selling in Pleasant Hill : Real Estate Advice

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  • Local Info5
  • Home Buying24
  • Home Selling4
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Activity 4
profdjstevens, Renter in Hayward, CA
Thu Feb 4, 2016
profdjstevens asked:
The condo like mine sold for 399,000.00 and was accurately listed as three bedrooms, not two. 2418 Pleasant Hill Rd. #1 Pleasant Hill, CA
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Suzanne Look…, Real Estate Pro in Lafayette, CA
Wed Dec 31, 2014
Suzanne Looker answered:
Happy New Year!! Did you sell your home in Gregory Gardens or is it on your to-do list for 2015? There are many of us that sell in Gregory Gardens, so feel free to start the process when you are ready. This time of year can be favorable for sellers, since inventory is very low. ... more
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Charles Husen,  in Pleasant Hill, CA
Mon Nov 8, 2010
Charles Husen answered:
Hi There Bebe, Thanks for the question:

I am a Realtor, tax accountant and an Agent Enrolled by the IRS.

Last question first. It is too late to roll the money into another "like kind" property. This would have required a "1031 exchange" to be set up before the sale. Sorry about that.

Next, capital gains tax this year is 15%. The gain would be the amount of profit above the basis in the property. The basis would be the amount they paid the Aunt if it was an "arm's length transaction".

Sounds pretty simple.

Any question give me a call.

Charlie Husen
Tax Home Realty
Pleasant Hill CA

(925) 482-7891

DRE# 01851586
Enrolled Agent# 89858
... more
0 votes 9 answers Share Flag
Steven Ornel…, Real Estate Pro in Fremont, CA
Thu Jun 11, 2009
Steven Ornellas answered:
Bebe, glad we could help.

This is a good site to visit for selecting a CPA:
http://www.dca.ca.gov/cba/consumers/slectcpa.shtml

And, you can use the following link to find a licensed CPA near you:
http://www2.dca.ca.gov/pls/wllpub/wllqryna$lcev2.startup?p_qte_code=PA&p_qte_pgm_code=0300

Best, Steve
... more
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