What about repairs made to get the home ready for sale?

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If you realize a taxable gain after you sell your home, even with an exclusion, you can reduce your gain with selling costs. These selling costs may include items that are otherwise considered to be repairs—such as painting, wallpapering, even planting flowers—if you complete them within 90 days of your home sale and provided they were completed to make the home more saleable.

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Power Teams: Grasping the Agent Team Concept

Excerpt series provides insight into recently released book
RISMEDIA, May 12, 2008-Far too many real estate agents are overworked and underpaid primarily because they try to do everything themselves. They are either unaware of the agent team approach or they do not realize the benefits that such an approach can deliver both professionally and personally. In […]