Several members of the Acer genus grow tall and narrow, including the Armstrong red maple (A. rubrum âArmstrongâ). This deciduous tree grows to 50 feet tall with a 25-foot spread and has deeply lobed foliage that turns red in fall.
Best Answer Thanks! You can't sell property with a life estate. You may be able to sell the life estate itself, you would need a lawyer to review the terms of the document establishing the life estate. But the property itself does not belong to the person owning the life estate, and therefore cannot be sold by that person.
Second, there are huge transaction costs associated with selling a home. If you hire a real estate agent, for example, youâll likely pay 6 percent of the sales price of your home in commission -- $12,000 on a $200,000 home. If you sell mere months after buying your home, you probably wonât have enough equity built up to offset these costs. Third, if you sell for a profit, you may have to pay capital gains taxes if youâve owned your home for less than two years. Under current tax law, individuals are excluded from capital gains taxes for up to $250,000 of profit on the sale of a primary residence (or $500,000 for married couples). If you sell your home before youâve owned it for two years, you may have to fork up the cash.