Landlord/tenant question. Application? Background check?

This question is not about tax and should be moved to the landlord/tenant section. That being said, there are many landlord/tenant pitfalls to be...

Although the transaction is between a husband and wife, the two sole owners of a corporation (as stated), I would proceed with caution and find a...

Selected as the best answer

One of the key aspects of a revocable living trust is making sure you "fund the trust." This can be done in a number of ways. For real...

Can I legally sell or refinance an "Estate for Years", provided the trust specifies these powers to me as trustee & beneficiary?

It appears your primary concern is to avoid a reassessment event for the real property. There are several strategies one can take that can exclude...

To answer any and all of your questions, one would first have to determine what kind of trust this is. If it is a revocable trust, it will likely...

What are my rights on this.

If your father prepared a will, a trust, or executed a beneficiary designation, that testamentary instrument will most likely determine how his...

Adding daughter to deed to increase tax exemption on sale of primary residence

The transaction you describe would not take place as you imagine it. If you meet the qualifications for the personal residence exemption, you...

Do I have to pay taxes if I sell my inherited mineral rights in Oklahoma?

Generally, if you sell an asset for a gain, you will be required to pay taxes on the gain. If your mother gave you the property prior to her...

Which would be cheaper for prospective owner property tax or inheritance tax?

Generally, real property is reassessed to its market value when it is sold or transferred. However, transfers between parent and child can be...

Im getting audited and the CPA is dragging her feet. Never been audited so I'm freaking out.

It is unclear exactly what your question is. If your question is how to get previous years' tax returns (Federal), you can request them directly...