Will selling land reset the 5-year look-back period?
Generally speaking, exchanging one asset for another in a trust previously established, in this case, selling the land, does not reset the look...
Roslindale, MA
Real estate Lawyer at Roslindale, MA
Practice Areas: Real Estate, Estate Planning ... +3 more
Generally speaking, exchanging one asset for another in a trust previously established, in this case, selling the land, does not reset the look...
You won't avoid capital gains taxes forever but you can defer them. You should consider a tax deferred "like kind exchange" under section 1031 of...
Yes, unfortunately you are in the unenviable position of having to evict your daughter and grandchild.
Unfortunately, no, the previous owner did not have to disclose the presence of wetlands on your property. In Massachusetts, buying property is a...
You don't have to stay with a lawyer that you don't think is protecting your interests. Hire someone else.
Its definitely a good idea. For most people this is the most expensive purchase they will make in their life.
Generally, you cannot recoup your inspection expenses when the deal falls apart. But when you say, "the owner backed out" the issue will be, what...
In order to answer this question I would want to review the Deed which created the life estate. It may state on the Deed the various rights and...
I'm not sure what "seals the deal on the lot being build-able" means. But if it means that the sewer hook up made your lot buildable, when it...
It seems like about once a week there is one of these "we bought a house together - now what do we do?" questions on this site. Apparently the...