Does Section 26.11, Texas tax code, PRORATING TAXES--ACQUISITION BY GOVT, apply to properties sold through County tax sales?

Ordinarily when a purchaser buys property through a title company the taxes are prorated between the former owner and the new owner, and the new...

If I was considered a resident alien prior to becoming a F1 student does that mean I am still considered a resident alien?

Regardless of your earlier visa status under H1B, your F1 visa exempts you from the substantial presence test for 5 calendar years - per your...

What should I do

From the limted information you provide it appears you have no ownership interest in the property and no written rental contract, but possibly a...

Who do I call to find out if a company went bankrupt, dissolved, etc.?

You can register for and fund an online inquiry account with the Texas Secretary of State to check this out. Alternatively you can check the Texas...

What if someone gets money from an insurance policy and wants to give it as a gift to another person will they be taxed?

There is no income tax on the receipt of life insurance proceeds. There is a gift tax on the payment of a gift to another person. However, you can...

I assume property taxes, and related homestead and other credits against property taxes, are not an issue since you will be buying the home and the...

Will I lose my ENTIRE estate if I fail to pay property taxes one house under a separate local taxing authority.

Generally, property taxes "run with the land" and are secured by the real estate property. However, an owner of real property can also be...

A couple of questions on inherited home and its income.

The terminology you use in your questions indicates that you do not understand the capital gains tax or IRA rollovers. Generally, the capital gains...

How do I get a co- owner on property taxes to pay their part of the taxes??

I assume you are being sued by the property tax authority - county and or ISD - and if your brother is a co owner he is party to the suit - if not...

What is the tax implications of selling a home in india and moving the proceeds to the US?

I assume you both own half the house. Both you and your Mom need to report your share of the capital gain since US citizens and US residents are...