Posts Tagged ‘Sale’
Judge Says She Is Close To Forcing Sale of Nicki Minaj’s $20 Million Los Angeles Mansion To Settle Debt Owed to Rapper’s Former Security Guard
A California judge says she is closing to forcing the sale of Nicki Minaj's $20 million mansion—after the rapper allegedly refused to pay damages that were awarded to a former security guard who claims he was assaulted by her husband, Kenneth...
‘For Sale by Owner’ Transactions Hit an All-Time Low, Report Finds
The days of trying to sell a home without an agent are dwindling, with for sale by owner transactions at an all-time low. Known as FSBO, those sales now comprise just 5% of home sales, according to the National Association of Realtors 20...
Who Pays for Title Insurance in a Home Sale?
When you sell a home, you may ask who pays for title insurance? Usually, the seller is responsible for the owner’s title insurance policy, while the buyer covers the lender’s policy. However, this division of costs can change based on...
Home Sale Tax Timeline: What You Need To Know
If you’ve been wondering how long you have to buy a house after selling one to avoid a tax penalty, you’re dealing with a widely circulated, but outdated belief. The idea that you must purchase another home within a specified window a...
A Los Angeles Default and Sale
Fame, but no fortune? I recently wrote about two pieces of real estate that once upon a time each had a moment in the sun: A beachfront mixed-use property that was home to Snapchat and synonymous with the social media company’s rise, and an ...
$50 Million Beach Mansion Sale Sets San Diego Record
A newly built beachfront compound in Del Mar has set a record as the most expensive residential sale in San Diego County with a $50 million close. The buyer is undisclosed, while the seller is a limited liability company linked to Sandra Naftz...
Goldie Hawn, Kurt Russell’s Former Palisades Home For Sale
Goldie Hawn and Kurt Russell’s former Pacific Palisades pad is set to hit the market Friday with an asking price nearly double what its current owners paid in 2017.The five-bedroom, five-bathroom home at 1417 Capri Drive spans 6,400 square fe...
When To Report A Home Sale On Your Taxes
Key Takeaways Not every homeowner has to report a sale on their tax return, but if you receive Form 1099-S or your gain exceeds IRS limits, reporting is required. The ownership and use tests determine whether you can exclude up to $250,0...
