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  2. Who pays closing costs in Texas? - AOL

    www.aol.com/finance/pays-closing-costs-texas...

    Real estate commissions: If you’ve hired a real estate agent, you’ll be responsible for paying their commission fee. This usually runs between 2.5 and 3 percent of the home’s sale price ...

  3. Capital gains tax on real estate and selling your home - AOL

    www.aol.com/finance/capital-gains-tax-real...

    The amount a buyer is likely to pay for a real estate asset (i.e., property). ... If you sell a house or property within one year or less of owning it, the short-term capital gains is taxed as ...

  4. Closing costs - Wikipedia

    en.wikipedia.org/wiki/Closing_costs

    The listing broker may offer buyer agents a portion of their commission as an incentive to find buyers for the property. Payment is required if real estate brokerage service was used. This is often one of the largest closing costs. Mortgage application fees, paid by the buyer to the lender, to cover the costs of processing their loan ...

  5. How To Calculate Your Net Proceeds From Selling Your Home - AOL

    www.aol.com/calculate-net-proceeds-selling-home...

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  6. Real estate economics - Wikipedia

    en.wikipedia.org/wiki/Real_estate_economics

    The costs include search costs, real estate fees, moving costs, legal fees, land transfer taxes, and deed registration fees. Transaction costs for the seller typically range between 1.5% and 6% of the purchase price. In some countries in continental Europe, transaction costs for both buyer and seller can range between 15% and 20%. Long time delays.

  7. Adjusted basis - Wikipedia

    en.wikipedia.org/wiki/Adjusted_basis

    In tax accounting, adjusted basis is the net cost of an asset after adjusting for various tax-related items. [1] Adjusted Basis or Adjusted Tax Basis refers to the original cost or other basis of property, reduced by depreciation deductions and increased by capital expenditures. Example: Muhammad buys a lot for $100,000. He then erects a retail ...

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