When a homeowner dies and a lease is still in effect, do the ones who inherit the house have to pay income taxes on the rent?
Jeffrey's answer
|
Answered on December 03, 2020
Sorry to hear about your mother. May she rest in peace. You need a probate/estate attorney yesterday if you don't know the answer to this. Rental...
How do I incorporate as a franchisee via d/b/a trademark when there already another franchisee with the trademark in a county?
Jeffrey's answer
|
Answered on November 26, 2020
In the first place, incorporating is done at the state level, not the county level, although you must list what county the registered agent is in....
I make monthly payments to collection agency, they accept for months. Can they give it to another for further action ?
Jeffrey's answer
|
Answered on November 24, 2020
Mr. Skaar's advice is good. I would just add that yes, they have the right to sell the debt to another collector, but often they do not do it...
Archived
What to do and expect now my chapter13 has been dismissed?
Jeffrey's answer
|
Answered on November 23, 2020
It has been our experience that whenever this situation arises, the attorney first is notified of the pending dismissal, to allow time to correct...
Archived
How do I handle this situation?
Jeffrey's answer
|
Answered on November 23, 2020
HOAs are often a real pain. Demand a full ledger accounting of all activity since they first claim you were late. Add up the late fees and see if...
Am I liable for a payday loan that is almost 6 years old?
Jeffrey's answer
|
Answered on November 23, 2020
Total scam. Don't promise these turkeys a nickel. If they are not a complete scam working off old internet records, they are just a sleazy, lying...
How do I know if I have enough debt to file bankruptcy?
Jeffrey's answer
|
Answered on November 23, 2020
If you can't pay all your bills and still have enough for food and rent or mortgage, chances are perhaps 97% that you should file bankruptcy. If...
Can one person on a survivorship deed sever the survivorship without the knowledge of the other survivor?
Jeffrey's answer
|
Answered on November 20, 2020
I can't imagine how he could "take the house out of survivorship" without forging your signature. If what you say is all there is to the story, it...
Archived
What would be the best business structure for a candle business?
Jeffrey's answer
|
Answered on November 20, 2020
From what you say, almost certainly a single-member LLC would be best for you.
Go here for detailed...
Archived
What happens when the owner of a mortgaged property dies?
Jeffrey's answer
|
Answered on November 12, 2020
As a practical matter, as long as the checks keep coming in they most likely won't know and won't care; if the will clearly leaves it to you, and...