CPA not telling about S corp

If you sold in a C Corporation, you likely had two taxes to pay. One at the corproate level on sale, and one at the individual level when the money...

Can some one else take the tax write off if I've been making all the mortgage pmts plus interest and insurance? Would he owe me-

I'm not clear on the facts. How is the debt in your ex brother in law while you own the property? Normally the debt follows the property, so that...

Since the taxes are a debt of the LLC, and it has no money, you might consider doing nothing. Eventually the entities charter will be suspended by...

Owning real estate in Texas likely constitutes doing business in that state. Perhaps a Texas attoeney can confirm that states laws. You can...

It may be important to determine why your mother was on title. If she was there as a convenience and never owned an equity interest, a quitclaim...

Self-dealing in real property transfer from a disqualfied person to private foundation.

I agree that more specific facts are needed to effectively answer your question. Generally speaking, living in a home by a disqualified person...

Selected as the best answer

Assuming you are not involved in a fraudulent action, the most common mechanism to take title without disclosing your identity is in the name of a...

Selected as the best answer

What's the correct title for recording a california property subject to a revocalbe living trust

I agree. You should also consider, specifically, the forms needed to avoid reassessment of the property taxes under Prop 13 ( a Preliminary Change...

My father just recently passed and left me to be successor trustee of his trust in California.

While engaging counsel can be expensive, you really need to know more about the fiduciary obligations that you have. You also need to determine...

Can a sibling not raised in a family inherit upon the death of the father?

The fact that she was raised by grandparents does not change her status as a child of the decedent. She should be included. This might change if...