Danielle Lazier's Q&A

And there is no contact number or email so I can do this NOW!  Annoying!!  An "active" property under My Listing sold last year.  I am not able to update because zillow says the list date is this year.  Not sure how that information got in there.  Please help

Yes, I believe so. There are loan limits for single unit and multi-unit purchases. It will vary by county. I believe a home buyer can purchase a duplex with a FHA loan as long as they owner-occupy their unit.Cheers,Danielle

Hi Nikki,Seller financing is a great way to help sell your property and bridge the gap as you write. There are a few ways to structure the deal and it would be prudent for you to speak with a tax advisor so you know what is best for you. One of the main benefits of seller financing and/or an installment sale is that you will take your gains over multiple tax years. You can take the tax-free gains (if owner-occupied) and spread the taxable gains out over time. This type of installment sale works really well if you will have taxable gains on either a owner-occupied or investment property. It's a way to sell income property without have to do a 1031 exchange that avoids huge taxes upon sale. In addition to being a local San Francisco agent who represents sellers and buyers, I am on the board of my company's investment club. We do our own version of seller financing by providing loans. I am familiar with the process and can help advise on how to screen potential buyers so it is the safest risk possible. Best of luck with your plans and let me know if I can help! Cheers,Danielle Lazier, Zephyr Real Estatewww.SFHotlist.com

Hi Bassem, We offer prospective home sellers and buyers complementary home value reports based on accurate MLS information. The report will tell you what homes are currently for sale and what homes have sold (& for how much) within the past 6 months. There's no obligation, of course. If you're interested in a San Francisco home value report, send me an email and let me know the following: nameaddress (email or snail)San Francisco neighborhood of interestCheers,Danielle Lazier, San Francisco Realtordanielle (at) sfhotlist.comZephyr Real Estatehttp://sfhotlist.com/blog/

Here's what I know...Per IRS rules, you can take tax-free capital gains of up to $250,000 (or $500,000 for two people) when you sell a principal residence that you've owner-occupied for at least 2 out of the past 5 years. Of course, I am a professional San Francisco Realtor not a professional CPA or tax adviser. It is crucial that you get expert tax advice. Call your tax adviser or ask your agent for a recommendation. In any event, that's an awesome amount of appreciation! Congrats.