It is the Law. You must disclose any known defects of the house to potential buyers before selling it.
Yes
No
Correct!
Wrong!
For single taxpayers, how much profit from a home sale is tax-free if you've lived in the home at least two years before selling?
$50,000
$250,000
Correct!
Wrong!
Which home repairs produce the greatest return at sale?
Kitchen
Roof
Cleaning and decluttering a home
Correct!
Wrong!
When potential buyers and their agents come to see your house, it's best for you to:
Hang around and show them the best features.
Leave the home and let the agents show your house
Correct!
Wrong!
Your father bought his home in 1950 for $15,000. When he died, he left you the house, which is now worth $315,000. Do you have to pay taxes on the $300,000?
Yes
No
Correct!
Wrong!
How would you rather get this kind of information?
Email document (newsletter)
Face to face explaination
Correct!
Wrong!
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