Structure family real estate transfer to avoid taxes
Q: My wife and I plan to sell our home to our grown children for $400,000, which would be an all-cash deal and we would remain in the home until...
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Structure family real estate transfer to avoid taxes
Q: My wife and I plan to sell our home to our grown children for $400,000, which would be an all-cash deal and we would remain in the home until...
Is the price negotiable with a short sale?
Q I am looking at a home that is listed as a short sale. Is it true that the price is non-negotiable on short sales? Will financial institutions require a...
Fact or fiction? Health care overhaul and taxes
Q I have heard that there is going to be a 3 percent tax on real estate sold in the U.S., which will be applied toward the new health care...
Fact or fiction? Health care overhaul and taxes
Q I have heard that there is going to be a 3 percent tax on real estate sold in the U.S., which will be applied toward the new health care...
Is the price negotiable with a short sale?
Q I am looking at a home that is listed as a short sale. Is it true that the price is non-negotiable on short sales? Will financial institutions require a...
Resale issues loom with illegal basement apartment
Q. In 2003, I submitted plans for a new home to the local building department that also included a one-bedroom basement apartment. I didn't anticipate any difficulty with the procedure...
Resale issues loom with illegal basement apartment
Q. In 2003, I submitted plans for a new home to the local building department that also included a one-bedroom basement apartment. I didn't anticipate any difficulty with the procedure...
Extra payments can knock years off mortgage
Q: In a recent article, a reader wanted to know whether it is better to make extra monthly mortgage payments or pay a larger sum at the end of the...
House swap likely to run afoul of tax regulations
Q: I am fed up with paying taxes to our greedy and burdensome governments who rob the masses. If I can find somebody I trust and we both don't have...