Does my son have to pay extra tax if he were to sell the house that I transferred to his name recently?

If you transferred the house for no consideration, your son acquires your basis. He will pay gain on any increase over the basis. If he waits the...

Grant Deed vs. Deed of Trust

Deed of trust is like a mortgage. It is used by lenders to secure their loan. It is not used to transfer title. To transfer property to a trust,...

How can I get the title of my paid off house out of my parents name and in mine?

Your parents can deed the property over to you.

I bought a property and the old owner has a personal judgment that appears on my title report. can I dispute it?

If the lien did not show up on your preliminary title report, then you can submit a claim to the title insurance company and they will clear the...

Depending on how much money you earn, being an S Corporation will save more in taxes than you pay each year to keep it going. Even if you make...

When you acquired the property at a tax sale, the liens on the property went with it. You have no personal liability, but the property remains...

Does a co-signer on a mortgage have a right to assert a claim as a titleholder to the property in probate court.

If you have a deed from your mother to you, you can record it and you will assume whatever interest she had. To fully advise, we would have to see...

How to get someone off a deed

You cannot just remove your son from the deed. If he won't sign over his interest to you, you will have to consider instituting a "quiet title"...

Trustee must be transparent and provide information. No set time for distribution, but should be a reasonable time. Depending on how extensive...

Most bylaws provide that if there is no election, the board members continues in place. If you want, he or she can resign and the remaining board...