Archived
Eviction Process and Timeline in Washington State, living in our Condo that was foreclosed upon by HOA. Redemption is up Mar 31
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Answered on March 14, 2014
Starting April first, you would be under residential land lord tenant act provisions. Consequently, if you are not paying, the association can...
Archived
Who gets to set the price at a home auction when a forced partition didn't result in a sale on market. Its all paid off. ?
Nicholas's answer
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Answered on March 11, 2014
It would seem that at mediation there should be a set strike price that the home can sell. Many times, when dealing with auctions, the owner will...
Archived
International income tax
Nicholas's answer
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Answered on March 10, 2014
Because you are a permanent resident, you are subjected to US taxation of your world wide income. The rental income is sources as foreign from...
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Archived
I am facing a foreclosure sale March 14th can I stop that without bankruptcy?
Nicholas's answer
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Answered on March 10, 2014
I agreem with Mr. Hall in his assessment of your chance of stopping the sale through legal means. This late in the game you may need to use some...
Archived
Any chance of getting process reversed? Last year I had started the Loss Mitigation process.
Nicholas's answer
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Answered on March 10, 2014
Because our state allows for non-judicial foreclosure of a deed of trust, there is no right to redemption in Washington. The state Supreme Court...
Is there a way to transfer a property from an llc to my personal property without paying any excise tax?
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Answered on March 05, 2014
My esteemed colleague from Texas is correct that most jurisdiction, and specifically Washington, has an exemption in change of ownership that is...
Archived
What should i do to file a Deliquent FBAR in this case for just 1 year.
Nicholas's answer
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Answered on March 04, 2014
The FBAR can be a tricky beast because of its extensive reach. The IRS is trying to reach individuals that are engaged in illegal activities and/or...
Archived
What should i do to file a Deliquent FBAR in this case for just 1 year.
Nicholas's answer
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Answered on March 04, 2014
The FBAR can be a tricky beast because of its extensive reach. The IRS is trying to reach individuals that are engaged in illegal activities...
Archived
We own a seller-financed home In WA. If we default (loan secured by deed of trust) can seller choose a judicial foreclosure?
Nicholas's answer
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Answered on March 04, 2014
Yes. The provisions of the Deed of Trust act require the lender to choose its method of recoupment. It may either sue you on the note, sue for...
Archived
My Chapter 7 Bankruptcy was discharged 3 yrs ago. My lender is asking me to fill out a MHAP Hardship Affidavit. Should I?
Nicholas's answer
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Answered on March 04, 2014
You should sit down with your attorney to send this request to the Lender. Under the new guidelines, the hardship affidavit is met by the...
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