Guides on Real estate
Need help filling out IRS form 12277? The 12277 can be complicated, but we've got the information you need to get your lien withdrawn the first time.
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Can taxes be removed using bankruptcy?
Hear the 6 general and timing rules to eliminate tax in bankruptcy. IRS Illinois tax lawyer breaks down all the rules to help you understand whether and when taxes can be discharged.
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In this educational glass board video, you will learn the basics of California law as it relates to the legal remedy of specific performance; specifically in the context of real estate purchase and sale disputes. Specific performance is an equitable remedy where the court may grant a judgment akin to a mandatory injunction requiring the seller to comply with a purchase and sale agreement after the seller has backed out of the deal without just cause or any reasonable basis to do so (i.e., in breach of contract). Buyers can rely on this remedy to coerce the seller into selling the property to the buyer as previously agreed to - same price and general terms. The video also discusses the ancillary remedy of obtaining an elisor order to force the sale transaction if the seller loses the case but still refuses to sign a grant deed.
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This presentation is a legal presentation for educational purposes discussing the obligations imposed by law on sellers and agents in connection with the sale of 1-4 unit residential properties in California.
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Attorney Thomas B. Burton discussed the following topic: "How Can I Leave Rental Home to Daughter and Avoid Capital Gains Taxes?"
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Attorney Thomas B. Burton discusses how to put a rental property into an LLC after you have purchased the rental property. Attorney Burton explains why it is important to use a deed to transfer title to your rental property from your individual name into the name of your LLC if you want to take advantage of the liability protection of your limited liability company in Wisconsin. Attorney Burton also discusses the other important steps you should take after forming your LLC to ensure your personal asset are separated from your business assets and liabilities.
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