What is the capital gains tax when selling gifted property?
For specifics you need a CPA (probably not a lawyer but you might want to check). The general rules in the situation you stated are: 1. house from...
Philadelphia, PA
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For specifics you need a CPA (probably not a lawyer but you might want to check). The general rules in the situation you stated are: 1. house from...
Was there a title company that. handled the transaction? Contact them.
Meet with a tax professional like a CPA. You can amend your tax return to include a "Schedule C" to account for any business income and expenses....
The easiest answer is to have him meet with an attorney and make his will. It is his choice as to how to handle it but I imagine you would hope he...
I would clarify that common law marriages established prior to 2005 are valid but a common law marriage can't be established after that...
You certainly need legal assistance. Regarding the foreclosed property you may or may not need to do anything and whether there is reason to might...
It is not strictly required to prepare a will or trust, but it is very common to collect that information. It is required for distribution to...
Assuming the document allows for it then yes.
Inheritance tax is based on where the deceased person lived or owned real estate. The fact that you are living in PA does not have a bearing on it.
That is certainly a lot longer than the norm. Are the beneficiaries receiving the net rental income? They probably should be depending on the terms...