Archived
I am buying a land from a California Limited Partnership. The General Partner owns 80% and the limited partner owns 20%.
Richard's answer
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Answered on June 19, 2015
If the current title is in the name of the LP, then it must be the LP and not the partners themselves that transfer title, especially the limited...
Archived
Fire Department Failure to Enforce Fire Code
Richard's answer
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Answered on June 19, 2015
I get the sense that there is more to this than just a BBQ. C'mon. You're not at risk from a BBQ. What other facts are there that are bothering you?
Archived
I have been in a situatin where my siblings are trying to steal my inheritance. My siblings want me to
Richard's answer
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Answered on June 19, 2015
You've got bigger problems than just signing a 1% interest dissolution. Contact an attorney to protect your assets.
Archived
What is to be expected when a foreclosure is rescinded ? What is considered "reasonable" fees & penalties? If any at all really?
Richard's answer
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Answered on June 19, 2015
Request an a accounting of the fees and costs. If it still doesn't make sense to you or if you think that you're being taken advantage of, then...
Can you be evicted from a property if the owner is not the owner of the property?
Richard's answer
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Answered on June 19, 2015
You need a lawyer. Now. A power of attorney alone won't give you ownership of the property. However, if you are a 1/3 owner of the property, then...
Archived
I plan to put my own home in a Limited Liability Corporation.
Will I lose my 250/500,000 home sale tax exclusion if I do so?
Richard's answer
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Answered on June 18, 2015
A single member LLC that is disregarded for Federal income tax purposes is disregarded and you should still get the Federal income tax benefits as...
Archived
If I signed a document this morning in front of a notary and now I changed my mind about signing how can I go about disallowing
Richard's answer
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Answered on June 18, 2015
Where is the deed now? Is it with an escrow agent? If you are a party to the escrow, you can always ask the escrow agent not to close.
Once...
Archived
Is there a way I can remove my name from a house loan without refinancing the loan?
Richard's answer
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Answered on June 18, 2015
You're going to be liable for that loan and there isn't a way to take your name off of it. Your options are to sell or refinance the property.
Archived
What type of special permits are required for senior housing?
Richard's answer
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Answered on June 18, 2015
In most cities, a single family home with six or fewer clients is allowed to have a residential care facility for the elderly. As part of the...
Archived
If someone inherits 75000. what are the tax ramifications thanks
Richard's answer
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Answered on June 18, 2015
The recipient of an inheritance receives the gift tax free. I assume that you mean a cash gift as opposed to property. If you receive property...
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