Real estate (line of credit of question on 1098) should I have to pay taxes on 1098 if its owner occupied

Take a look at Internal Revenue Code section 108 for discharge of indebtedness income. There is an exception if you are insolvent at the time that...

Where can I find sales info on my foreclosed house?

The only way to find out is to get a copy of the recorded deed. You can get that from an attorney, real estate agent, or title company. It takes...

They legal owner of my mobile home whom I've been paying a mortgage on, has been missing for more than 5 years.

I'm also trying to understand how you have an ownership interest in the mobile home. Do you mean that you purchased it? Email or call an...

Do I need to have a real estate attorney to help me with a property with a reverse mortgage given in 2009.

Have an attorney review this situation for you. I'm not understanding how the reverse mortgage would be paid off; do you mean by selling or...

Undue enrichment? Any legal recourse?

You can first send a demand letter to the seller and their son for the cost to repair the damages to the property. If they don't pay, then you can...

I want to sell my primary residence to all my five kids, is there a limit for California property tax implications?

You should have an estate planning and/or real estate attorney help you with your goals. You can transfer the property without a property tax...

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Yes, you will have to report your income from England. You can claim a tax credit for the taxes paid in England. You will not have to pay...

What happens when you stop making your payment on a second mortgage?

If the lender won't agree to a loan modification, you can also request a short sale of the property. If you stop paying the mortgage payment, the...

Non-Recourse Obligation Loan

In a practical sense, you may not want to get a deficiency anyway. To get a deficiency, you have to initiate a judicial foreclosure as a court...

Question about a judicial partition

Any owner has the right to request a partition of the property, it's not dependent on the percentage of ownership. The other owners can buy that...