Will I be assessed capital gains for the sale of my home?

You should consult with your CPA. Basically, each individual has a $250k capital gain exclusion. If married, it is $500k. Since your gain is...

What business claims does my business have against a free lance artist who was hired to do sketches of a restaurant concept

It seems, without looking at the contracts and understanding more about the facts and how the failure to render drawings damaged you, that you...

What can i do to protect my children if i want them to receive all of my assets instead of my husband?

You certainly can do a post-nup to make it clear who owns what and who gets what after death. This will work with a trust. Did you remarry? If...

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What sort of business corporation is recommended when motto is to open a Cosmetology/Barbering school, in LA County, CA?

This is complex question. Your “partners” need to contribute capital for a corporation. S corporations are the most tax-advantaged form of...

Is it required for me to register my Delaware C Corporation as a foreign corporation in California?

If the Delaware Corp has employees in ca it must register and comply with federal and ca withholding requirements as well as ca wage and hour laws.

Hopefully there is an attorney involved. The role of an executor is basically to shepherd the assets, pay the bills, deal with creditors’ claims,...

Selling my rental home using the proceeds for a new primary residence. Is there a way to avoid the CA gain at closing?

If you resided in your rental 2 of the last 5 years you can qualify for the $250k gain exclusion. If not, then, in order to avoid, you need to...

A trustee’s deed is a valid and enforceable deed and no contract is necessary other than compliance with the foreclosure laws. Even still, the...

Can I file adverse possession on property if I pay the defaulted land taxes and have possession of the property already.

Adverse possession requires claiming ownership adversely to the real owners, openly for 5 years. Sounds like you are living on the property with...

Do i have any legal stand regarding my dads house? He died in 2006.

Who is on title to the property? Is there a trust or will? If title in your dad’s name only and no will or trust, then his children inherit and...