My understanding is that Pennsylvania law does not allow an redemption once a property goes on the Auction Block. Prior to the public auction a...

How will my out of court settlement be taxed?

The IRS assesses a tax on money you receive for work, or as a gift, or as compensation for lost wages or injuries. There is no tax on receiving...

Or the past couple years the landlord has let me wait 6 months or more and let me pay with my income tax refund but this year i

I am sorry to hear of your difficulties. Unfortunately, your comments do not contain any question that can be answered.

For inherited rental property is the 1M exclusion on stepped up basis for EACH rental property?

You say, "When I die my understanding is that my primary residence gets a stepped up basis for the entire amount and the rental properties for the...

Property ownership

The default order of inheritance priority for an unmarried person is: 1. Children 2. Grandchildren Down the line blood descendants Nest...

Is this settlement taxable?

It should not be taxable. It is not income and it is not a gift, and it is not compensation for lost wages or for an injury. It is a settlement...

Not at all. Get started ASAP. Think of it logically, if there were a statute of limitation on probating an estate the State would get a...

Do I need to re-publish the Notice of hearing once I do an Amendment to a Petition for Probate?

Yes. An amendment is basically like a new Petition. The courts usually require a new publication. Anytime you need to make a change, title it as...

Help

You indicate that you or someone is a beneficiary of a checking account. This fact is vague. Are they a beneficiary because the bank account has...

I am 51 my Fiance is 40. I live in the state of Okla. After we are married will my wife have any claim to my future inheritance?

Oklahoma is a common law state which in most instances less onerous then a community property state for married couples. your best option is to see...