You could end up having to pay those outstanding incidentals if you don't work out responsibility for the seller's lenders with buyers ahead of time.

REALTORS® serving on the Professional Standards Committee have labored to ensure that the Code is a living document that protects the sellers, buyers, landlords, tenants, and others who place their trust in REALTORS®; that the Code’s obligations are phrased in clear, objective, and unambiguous terms, and that the Code remains relevant and meaningful in the constantly changing real estate environment.

Plan now and you’ll be in a better position to know what you’ll owe Uncle Sam this time next year.

Slower sales are compelling more home owners to rent their properties, at least for a while. If you’ve been asked to help, follow these tips.