How is capital gains tax calculated if my 2 brothers buy me out but sell the house in the future?
This is a CPA question not a legal question.
Mission Viejo, CA
Franchising Lawyer at Mission Viejo, CA
Practice Areas: Franchising, Business
This is a CPA question not a legal question.
Unfortunately you are in the weakest situation, still on the hook on the lease, yet no power to control the occupant. The Landlord does not need...
Dear Irvine, I certainly would not give a potential partner half interest in the 10mill building, but if he wants to become partners in a losing...
If you are a member of C.A.R., You can call their legal hotline and see what they say. Agents: Call (213) 739-8282 Brokers: Call (213) 739-8350
This is not a black and white answer (with all due respect to my colleague's answer), it depends on a lot of factors since CA is a community...
Your facts were not clear as to WHO is the borrower and WHO is on title. Generally the bank will not deal with a non-borrower. I am surprised they...
My colleagues are correct it is not clear what you received, from whom and what the status of that property is at this time; need much more details...
The mechancis are easy; have a Grant Deed prepared and it gets recorded in the County with a form called Preliminary Change of Ownership--filled...
Ok so what you need is a buy-sell agreement whereby the buyer purchases all your shares of the corporation, then we outline the physical mechanics,...
If you have equity then I would beg borrow and steal, well not steal, in order to get the past due cured so you can sell it without pressure. You...
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