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Olga Robles sold three properties (parcels) within the same escrow agreement. Property A is sold for $50,000, property B is sold for $10,000, and property
Olga Robles sold three properties (parcels) within the same escrow agreement. Property A is sold for $50,000, property B is sold for $10,000, and property C is sold for $60,000. Which of the following statements is true regarding Olga's real estate withholding on the sale of the three properties? A. Since the total sales price exceeds $100,000 and the properties are sold in one escrow, withholding is required B. Even though the total sales price exceeds $100,000 and the properties are sold in one escrow, withholding is not required C. Real estate withholding is not required as each property sold for less than $100,000 OD. California does not require real estate withholding for individuals
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