What are tax consequences of DIL?
Your mother will not have taxable income from the deed in lieu as it was a non-recourse loan.
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Your mother will not have taxable income from the deed in lieu as it was a non-recourse loan.
The original poster is correct. They all relate to different aspects of your business and may or may not be required based on your particulars. ...
You need to provide quite a bit more facts. What type of entity, what does the underlying agreement between the two of you provide, etc. You may...
Please see prior responses on your other post.
You will want to consult a business litigation attorney. As a shareholder you have minority rights so you will want to have these explained to you...
The surplus after all secured liens are paid would go to the homeowner.
Medical expenses for special eduction for a mentally impaired person are deductible. See the prior comment regarding the AGI threshold.
There are quite a bit of facts missing. If you could provide more details it may be helpful. Did you consent to the use of your name for the...
I apologize but first your title is trustee under the trust agreement. Can you provide more specific facts about the trust estate. There could be...
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I agree with the original poster.