Will a judge order non custodial parent and I to alternate taxes, based on possibility he will provide 1/2 of childcare costs?

People go to mediation to work out an agreement - because you never know what a Judge will do absent an agreement. If there has been Orders of the...

Generally, the mortgage company will issue a 1099 for the amount of the mortgage debt forgiven. This amount must be reported to the IRS. There...

Is Capital Gain tax on combined income or just on specific sale proceeds?

Capital gains tax applies only to that portion of the sale that you gained. For example, if you purchased the property for $10,000.00 and sold it...

Do I keep paying my mortgage even if I'm in foreclosure and do they suppose to except my payments?

Generally, the mortgage company will not accept partial payments on your mortgage. If they accept partial payments, they may be jeopardizing their...

If there is a balance, you can include the balance on the paid assessment letter. The association really should have an attorney to call for these...

Can my 2nd mortgage come after me for the balance after a foreclosure?

California is a non-recourse state. If the 2nd was obtained at the time of purchase, they are probably barred from taking action to collect on...

What is a possible step besides District Court when the IRS is delaying a FOIA request?

You should contact the appeals officer right away. Provide the information from disclosure, and ask to reschedule the hearing. I would be...

Minimizing tax on property based SM-LLC in Michigan.

Often, the best way to structure a business for tax purposes, depends on the individual investor. This forum doesn't allow such individual...

Can I claim the interest on a house not in my name?

The short answer is "No." You can't claim the interest deduction on a mortgage that is not in your name. If you think about it, that makes sense. ...

Bought a Short sale in April '13 and sellers bank over paid property taxes.

I commend you for trying to do the right thing - However, if the county is not collecting the tax and your escrow account is over-funded, you...