What if I have no heirs? A reader doesn't love his family enough to leave them his assets. Now what? Q: What choices are there for a person with no immediate heirs, who doesn't want the house and other assets to go to the cousins? Who or what can inherit? What happens if a person [...]
What is a good amount of condo reserves? How do I know if my condo building has enough cash reserves? Q: How does your rule of thumb for condo reserves factor in the condo building's location? For example, the exact same building on Miami Beach and Fort Pierce would have the same reserve items and [...]
Is deducting real estate taxes possible if I don't own the home? I paid my mother's real estate taxes for years. Now that she's dead, can I still deduct real estate taxes if ownership is shared? Q: I lived with my mother, in her home, for 44 years. I have helped her with her home [...]
My son is pressuring me to give him the farm. Immediately. But I want it to go to my grandchildren. What should I do? Q: I need help navigating my situation with my son. It’s a pressing situation where he wants me to give him the farm. He wants it immediately. Of course, there’s a [...]
Do all partners have to do a 1031 exchange? Can you do a 1031 exchange on jointly owned property? A trio of siblings wants to know how to do a 1031 exchange if only two of the three siblings are on in the deal. Q: I hope you can answer this question for me. We [...]
How do you check your deed? How do you find your deed online? How do I check titles in Registry of Deeds? Q: In one of your recent columns, a widow asked about getting the deed to her house after her husband died. You told her to check her deed from time to time to [...]
What do pools cost in 2022? When thinking about buying a home with a swimming pool, savvy buyers research pool costs before diving into the deep end. Here are some steps to take when researching pool costs in 2022. Pool Costs 2022: Annual expense? Q: I am considering purchasing a home with an in-ground swimming [...]
Where is the deed to my house? How to prove you own your home. Q: My husband died a few years ago and had a life insurance policy. When I got the proceeds from the policy, I was able to pay off our home mortgage. I never received the original deed from the mortgage holder and [...]
When Should I Hire an Agent? That's the question every seller is facing. In a hot sellers' market, there's no need to hire an agent months in advance. For more information, see the Read More list of topics at the bottom of the page. And, don't forget to sign up for Ilyce Glink's Love, Money [...]
When can a seller back out of a contract? There are a number of reasons why a seller or a buyer can cancel a deal. Sign up for Ilyce Glink's Love, Money + Real Estate Newsletter for more stories like these. Why Do Sellers Back Out of a Contract? I've been asked this question fairly [...]
