Archived
I have a second home I rent full time. Do I report the value from the time I purchased it for personal or from last refinance?
Clayton's answer
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Answered on February 18, 2013
What you are referring to is called "basis" in tax jargon. The basic formula for basis is purchase price plus the cost of improvements or...
Archived
HOW DO I WALK AWAY FROM MY HOUSE WITHOUT OWING ANYTHING ?
Clayton's answer
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Answered on February 15, 2013
There are to few facts to answer the question. I presume you purchased the house and failed to pay. If this is the case then you owe the taxes...
Archived
Can a Seller hold a Buyer to a 2nd position back-up offer if that Buyer has requested to withdraw their offer?
Clayton's answer
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Answered on February 15, 2013
The general rule is that an offer may be withdrawn at any time prior to acceptance. Some exceptions are if it is a firm offer, statutorily imposed...
Archived
Can an H.O.A. foreclose "purported to be Jane Doe Trustee of the Jane Doe Revocable Living Trust" Jane Doe died 3 years ago.
Clayton's answer
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Answered on February 14, 2013
You should file your property damage claim with your renter's insurance. The fact that you are asking the question suggest that you did not...
Archived
What are the small business owner option?
Clayton's answer
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Answered on February 10, 2013
If the customer back charges a purchase, the credit card processing company sends documentation to the merchant to substantiate and justify the...
Archived
Using Credit Check to discriminate against people? I have income plus a section 8 voucher to pay rent. SERIOUS LAWYERS ONLY--
Clayton's answer
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Answered on February 10, 2013
It is likely that the Apartment Applicant Screener is a credit reporting agency. The Apartment manager is using the reports to deny services. ...
Archived
What is the standard custody that Ak courts would make when father lives in another state and has never been involved?
Clayton's answer
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Answered on February 10, 2013
Your attorney should have more facts at his disposal than you have recited here. He is in the best position to advise you on this decision. If...
Miller Trust is set up in Alaska, what happens if you receive an inheritance?
Clayton's answer
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Answered on February 10, 2013
The purpose of a Miller Trust is to keep an individual from losing benefits because they have to much in earnings to qualify for LTCS. The excess...
Archived
Landlady passed away now the estate representative (her son) says I did not pay 16 months of rent. I can't find my receipts
Clayton's answer
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Answered on February 10, 2013
If you paid by checks, you can get copies from your bank. If you paid by money order you may need your receipts for the money order sales company...
If you didn't receive a seopena as a witness can they issue a warrent
Clayton's answer
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Answered on February 06, 2013
Long ago you knew you were served when the sheriff tagged you with a 12 foot stick. Many people will claim that they haven't been served because...
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