Archived
Do you need to file a public record document to transfer ownship of a jointly owned home to the other owner(s)?
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Answered on May 29, 2019
I agree with my colleague. An unrecorded Deed is the stuff of dreams for litigation attorneys. For about $250 to prepare and $60 to record you...
Archived
How can i avoid capital gains tax when selling a rental I have lived in?
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Answered on April 29, 2019
Good question. Your best tax treatment is no tax on the sale of your primary residence. You have to be careful about complying with all of the...
Archived
My husband’s will states his three children inherit his estate and I get a cash amount, who gets paid first?
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Answered on April 09, 2019
I agree with my colleague. It depends on the exact language in the Trust Agreement.
Usually, the cash payment would be paid first and the...
Archived
Boyfriend and I own a house. Rates dropped what happens to me if he refinances?
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Answered on April 07, 2019
If you give up your ownership in the house (take your name off the Deed), you lose all of your rights in the house or to ever be paid any value for...
Archived
Can I do anything about neighbor's rooster?
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Answered on April 05, 2019
yes, you can bring a lawsuit based on nuisance and possibly some other theories for legal relief.
Lawsuits are expensive. You can expect to pay...
Archived
What is the best way to purchase a condo for our son - and have him be sole owner on the deed.
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Answered on April 04, 2019
I rarely disagree with my distinguished colleague; but, I do here. You should consult with a tax attorney.
If the house your are selling is...
Does a quitclaim vs warranty deed have any effect on the ability to take out a HELOC?
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Answered on March 17, 2019
The creditor's decision to loan to the new owner is based on two things:
1. creditworthiness of owner: does he have good credit, liquid assets,...
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A friend and I purchased a home together. our loan is an FHA first time homeowner loan. She hasn't moved in but instead rented
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Answered on February 24, 2019
You should buy your friend out of the property if you can. Figure out what your friend's equity and pay your friend off. You will need to replace...
Archived
I am on H1-B, can i set up a company to invest just in real estate. If not, how else can I invest in real estate to get extra $?
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Answered on February 20, 2019
Yes, you can invest in US real estate on your H1b. and yes, a LLC is a good idea.
If you wish, you can call us at 503 345 0652 to discuss your...
Archived
Do I need a Trust?
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Answered on February 18, 2019
The receipt of a large amount of money will adversely affect your qualification for low income benefits. Many of these benefits will have a look...