What is the statute of limitations for "Calif Use Tax on out of state purchases"

Generally the statute of limitations in CA is 4 years. Unfortunately the statute only starts running once you have filed a tax return. If you have...

BROOKS VS. COMMISONEER TAX LAW?

It's somewhat difficult to understand your situation from your description. It sounds like you had a first and second on a home and the second was...

Tax return for young single person?

Turbotax is good but only as good as what you put into it. Have you tried asking around for recommendations about an enrolled agent? Huge refunds...

Selling the real estate

I agree with the previous answer and will add that no title company will proceed with a transaction unless you have gone through the probate...

Cashing trust checks

Thanks for clarifying. He shouldn't be a trustee, it's that simple. As a cotrustee, you can be held liable for his errors and actions. First step...

Yes, as long as the trust terms provide for the method of distribution. It is your job as trustee to manage the finances of the trust. What makes...

Living trust after a person dies.

You should have a received a notice within 60 days of the date of death of the grantor (Probate Code Section 16061.7(f). You can also request the...

Selected as the best answer

In CA, can transfering property to a separate revocable living trust transmute it?

That's a good question. Given the facts you've set out I believe the living trust might act as a written transmutation agreement. Obviously if you...

Mortgage tax relief act extended to 2013, is shortsale the best foreclosure option for primary residence I own in CA?

David gave an excellent answer. In CA, short sales can actually afford you more deficiency protection than a foreclosure. I have yet to see a bank...

Selected as the best answer

If you do a short sale on your home, but quick your rental property to someone else, but after the sale you put the rental

First of all, let's try and figure out what you are trying to do and why. I assume by "quick" you actually mean "quitclaim" which is a deed...