Will we have to pay capital gain if we sell property?

This answer requires more facts and evidence to back up the Tax Basis in the property, and to review the "Residence" rules to see if you can take...

Does she have a Will or other Estate Planning documents? The first place I would have you look is to find any and all Estate Planning documents. ...

Summit County has a great summary of this with the Ohio Form 105A under Ohio Revised Code Section 323.153 (Application for reduction in real...

I just handled a similar situation. There are questions that need answered before this can be answered completely: 1. When the mortgage was...

How can I be sure that no one will gain control of my LLC?

LLC Articles of Incorporation are usually only the first part of setting up an Ohio LLC. Most Banks will require an Operating Agreement and some...

My friend's mom has her son's stimulus check and wants her to cash it but her bank said they can't because its policy..

With Government checks, the banks usually require the person named to show their Identification and deposit it into their own account. You might...

Your LLC should have an IRS Taxpayer Identification Number (TIN), and the DBA is just another name for it. The Tax return will be filed under the...

What are our options and what should we do right now today?

I would suggest you prepare for a meeting with an Attorney. You should find an attorney you wish to work with, and pay for a review of the...

When you close a business, you must close out the business. If you are a Corporation in Ohio, my state, you should dissolve the business and take...

You should call a Probate Attorney. You may need to get a Guardianship on his due to his inability to understand what could happen to him. The...