If property owner dies without adding heir to Will or deed & may I take ownership through paying prop. tax or prop. transfer?
Jonathan's answer
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Answered on October 22, 2021
If you want to buy the property, then you have to actually buy the property. Paying debts attached to the property does not make it your's.
Good...
Do I need a business license and seller permit to sell when using an eBay business account?
Jonathan's answer
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Answered on October 22, 2021
Why sell it through an LLC? If these are household items, then just sell them on eBay as personal items. There'd be no tax ramifications because...
If I lose a lawsuit and am ordered to pay, what happens if I don't pay?
Jonathan's answer
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Answered on October 22, 2021
Judgments can result in wage garnishment, bank levies, and potentially even income tax refund recoupment. Regardless of how you take care of a...
What can I do if I’m being sued by target for credit card debt?
Jonathan's answer
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Answered on October 22, 2021
There are a few different ways to go about resolving debt issues.
First, you can attempt to negotiate the repayment of this debt to a smaller...
Can I be kicked out from the house if it’s for closure, but I’m pregnant?
Jonathan's answer
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Answered on October 13, 2021
Unfortunately, there is no health-related exception to foreclosure. Your best bet is to contact an experienced attorney who can assist you in...
Roth IRA Contributions while in Chapter 13?
Jonathan's answer
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Answered on September 29, 2021
If your lawyer gave you an answer you should really just trust in their advice and guidance.
Otherwise, I can tell you that the Albany Trustee's...
How to pay for repairs to the house that we both live in (that I own) using funds from the sale of a house without paying taxes?
Jonathan's answer
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Answered on September 29, 2021
It sounds like none of that money is taxable. Thus, it is unlikely to become includable in your own gross income.
Good luck with your case!
How long is the tax foreclosure process in New York State, from time of filing at court to when the owner must leave?
Jonathan's answer
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Answered on September 28, 2021
Generally speaking, if you take no steps to defend yourself from the municipal foreclosure action, the process will likely take between 6 months to...
If a family was ineligible for 2020 Child Tax Credit due to no taxes owed, does that make them ineligible for the 2021 credit?
Jonathan's answer
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Answered on September 24, 2021
I believe that your understanding of the Child Tax Credit may be mistaken. Further, the Additional Child Tax Credit is a refundable tax credit, so...
I do not work. Do I have to fill out any tax form.
Jonathan's answer
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Answered on September 24, 2021
If you earn anything above $12,400.00 per year, you're required to file a tax return with the Federal (and, presumably, State) government. Even if...