What type of taxes do I have to pay when selling a house for $550.00 in California? Also it is better to pay taxes all at once.
Respectfully I agree with attorney Daymude
Los Angeles, CA
Trusts Lawyer at Los Angeles, CA
Practice Areas: Trusts, Limited Liability Company (LLC)
Respectfully I agree with attorney Daymude
I agree with all counsel espcially attorney James. If the property was held in your father's trust, what are you doing on the title? At any rate...
Impossible to answer without seeing the current deed or a statement from you as to how title exactly reads, word for word.
Assuming ( without benefit of seeing the deeds recorded when you took title initilally to the property and when you transferred it to the LLC/...
I agree with attorney Dijulio and think you ought to consult with a family law specialist.
Whether the property is in a revocable trust or not the key is to assess what is your sister's motive here? There are plenty of houses in Sherman...
You could do it without the other owner's consent but why would you want to that? Since you bought the property together presumably there is a...
Attorney Daymude raises a good point. Was the insurer your insurance co. or the Association's insurer? Was there damage to your unit only or to...
I think attorney Henderson makes a really good point. You really need to take copies of your paperwork to an attorney for immediate review.
I agree with attorney Daymude. You may also need to consult with a tax CPA to find out how that gift would be handled in terms of U.S. taxes if...