How much taxes in long term capital gains I will pay on the sale of a farm that im selling in Spain?

The answer depends on how Spain will tax the gains from the sale and, further, the type of farm you have. The reason Spain's taxation of the...

Does an LLC completely protect my personal assets or assets held in my other LLC's, corporations, trusts, etc?

It really depends on whether the LLC that is being sued has been properly created and maintained. Generally, your other assets are protected if...

If I form an LLC with 2 individuals, 90% and 10%, is the individual with 10% considered a principal?

It seems that you are asking who may sign the franchise agreement on behalf of the LLC. If this is the case, then that is usually resolved either...

While either an accountant or a lawyer may represent you in an audit, there are both advantages and disadvantages to each option. The advantages...

How do I transfer a motel that I own upon my death to my brother without any tax implications?

Virtually any transfer of valuable property from one person to another will have some kind of tax implication, though it will not necessarily cause...

US citizen living abroad didn't return taxes for the past few years. How can he fix this situation?

The IRS has implemented a forgiveness program for this type of situation. It is called the Offshore Voluntary Disclosure Program (OVDP). The...

How long do I have to wait to foreclose on a piece of property that's been issued a tax lien certificate for 3 years in a row?

A tax certificate holder may apply for a tax deed sale after two years. However, the tax deed sale may be delayed if the property owner files for...