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I entered into a lease option to buy home. In less than 6 months they want me to purchase for 10,000.00 more than in contract.
Matthew's answer
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Answered on March 04, 2013
The terms of your agreement would control the amount of notice required to be given. The terms of your agreement would also control whether the...
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Can I sue the owner of a pool company who's corporation shows "inactive", but he is still a licensed pool contractor in Florida?
Matthew's answer
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Answered on March 04, 2013
Mr. Vicary is correct. You would want to sue the company and the owner in his individual capacity. Since the company is listed as inactive on the...
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I am executrix of my mothers will. The only value in her estate is the home which has a reverse mortgage on it.
Matthew's answer
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Answered on March 04, 2013
This is a very common issue these days. There is nothing wrong with abandoning the home if the home is underwater. You could theoretically be...
Archived
House pay off taxes
Matthew's answer
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Answered on March 03, 2013
I believe that you are referring to a liability for cancellation of indebtedness income. When you settle a debt obligation for less than the face...
Archived
Hello,
My question pertains to US tax law.
Matthew's answer
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Answered on March 01, 2013
Your question is extremely fact oriented and involves complicated international tax treaties. It is very difficult to determine whether, under the...
Archived
Hello,
My question pertains to US tax law.
Matthew's answer
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Answered on March 01, 2013
Your question is extremely fact oriented and involves complicated international tax treaties. It is very difficult to determine whether, under the...
Archived
Can you resubmit your returns when you elect to be a s - corp from a c - corp ?
Matthew's answer
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Answered on February 24, 2013
No, your S election is only prospective. If you have not filed an S election before March 15th of a given tax year, you are ineligible for S...
Am I allowed to backdate corporate meeting minutes? And is this unauthorized practice of law?
Matthew's answer
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Answered on February 21, 2013
The lack of Minutes is often cited by courts as one factor in deciding to “pierce the corporate veil,” imposing liability for a corporate debt on...
Archived
Can my spouse sell his condo (under his name) to me at market price in order to lock capital gain so I can sell it latter?
Matthew's answer
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Answered on February 21, 2013
Why not just put the condo in both of your names and exclude $500,000 of capital gain from the sale of your principal residence under IRC section...
Archived
Husband fide taxes , e - signed without my knowledge or consent .
Matthew's answer
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Answered on February 21, 2013
Call the IRS Identity Theft Division at (978) 684-4542. Once the identity theft matter has been brought to the attention of the IRS, the IRS may...
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