Can I sell my rental property to my son for $1 to avoid capital gains? Can he then sell it? What would be the tax implications?
Michael's answer
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Answered on March 18, 2021
You have a lot of questions which are best answered by meeting with an attorney experienced in real estate transactions, as you may find more...
My son lives with me and pays most of the bills?I'd like to sell him the house and continue to live with him
Michael's answer
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Answered on March 07, 2021
you will want to work with an attorney to assist you with this question. In general you can sell the house to your son, but there are a lot of...
What is the easiest way to add my wife to current Deed?
Michael's answer
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Answered on March 07, 2021
you also need to consider whether you have a Mortgage on the property
What can be done about my township road dept having a system for water from neighbors across the road to run into my yard?
Michael's answer
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Answered on March 05, 2021
i agree with Attorney Smith. You should review this with an attorney to determine your rights and hopefully reach a resolution of this situation...
I want to name my wife as an officer to my s corporation, is there any special form I need
Michael's answer
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Answered on March 03, 2021
i agree with my fellow attorneys that you need to review the Bylaws, but in general it is easy to appoint your spouse as a corporate officer. ...
Can I sell my property in Pa. to my son for $1.00?
Michael's answer
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Answered on February 23, 2021
Since you have indicated your purpose here is to avoid future nursing home liens i have moved this from real estate to elder law for comments. So,...
Archived
What are my legal rights living with my boyfriend in his house and sharing bills in case of one of our deaths?
Michael's answer
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Answered on February 22, 2021
i agree with my colleagues. But you also have potential issues while he is still alive. What happens if you break up? What happens if he becomes...
My husband passed away last year with irs liens on the house,The house was only in his name What can I do ?
Michael's answer
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Answered on February 22, 2021
you should meet with an attorney experienced in tax issues and estate administration. since the house was only in the name of your husband your...
Archived
What do I need to do to purchase a house, that's a rent to own, $1000 left and no taxes paid, by them?
Michael's answer
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Answered on February 16, 2021
i have moved this to real estate since this is not really a tax question. You should start working with an attorney immediately to handle this...
We want to add a second name to our non profit?
Michael's answer
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Answered on February 15, 2021
i agree with Attorney Emerson. You may also want to look into Trademark or other protections for the name/logo/ etc if you are going to be...
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