Articles Posted in Real Estate


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.


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”.