Articles Posted in Real Estate

grant-deed

What is a deed? A deed is the legal name for the document which transfers ownership of real estate. California state law has specific requirements for a deed to be valid. Common deeds include grant deeds and quitclaim deeds.

house-for-sale

If your personal residence is sold before death for more than what was paid for it then there is a capital gain. HOWEVER… An individual may exclude up to $250,000 in gain and a married couple may exclude up the $500,000 on a joint return if the property was the “personal residence”.

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