Capital Gains Tax
The income tax basis for determining gain is the basis of the person who gifted the property to the person you received the property.
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Park Ridge, IL
Elder law Lawyer at Park Ridge, IL
Practice Areas: Elder Law, Tax ... +2 more
The income tax basis for determining gain is the basis of the person who gifted the property to the person you received the property.
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Yes, you could sue the company. However, before you do, you need to understand both the costs and aggravation of the litigation. Often, when...
My practice includes both income tax and real estate transactions. You should retain a California law firm that can satisfy both of your needs.
It is OK as long as all the family members that would be impacted by the gift approve of the gift.
You can review the probate court file to read the will and obtain the attorney's contact information.
Holding onto your uncle's deed does not provide you with any protection. When you uncle sells the property, he does not have to produce his...
If they will not leave on their own, you will need to hire an attorney to file an eviction case. Another option is to pay them $$$$ to get them...
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The gift is not taxable to you. When you deposit $10,000 or more in cash, the bank must send a report to the IRS. The IRS may contact you...
I recommend that you retain an attorney to draft the deed. I have seen do it yourself deeds done incorrectly.
It is impossible to determine if you would be able to sue your neighbor successfully without a review of your specific facts. I would recommend...