I understand that you plan to sell the Arizona house and reinvest in other real property. You also mentioned that you "received" the property,...

Gain, the net amount received after improvements and costs of sale, is taxable income. Gain on the sale of real property is characterized as either...

This is a tricky area that if not done correctly will disqualify the Medicaid recipient. The loan must have been validly made, and not as a means...

I understand that your mother is incapacitated by reason of dementia, your brother who is incarcerated has or had a Power of Attorney for your...

He is required to file a federal and California income tax return for every year in which is income exceeds the standard deduction amount or the...

There is insufficient information to answer your question. You need to consult with a California attorney. That said, if this is, as you say, a...

You may already have an EIN. In many states it is a requirement to register the LLC entity. Since you say that your entity has a managing/governing...

Based on the sketchy and evasive information provided, there appears to be at least two crimes here, one committed by the boy friend and another...

Generally, yes. However the rules are complex and beyond the scope of thegeneral information provided on this site. Sister cannot receive the...

No, No and No. You cannot take the same deduction twice on a return. If you keep mileage and maintenance records, you may be able to deduct the...