Property is anything you own, whether it’s land, a house, electronics, a car, or collectibles. Learn more here about buying and selling property, taxes, and protecting your assets.
Divorce Attorney Can Help with Home Sale
When a divorce involves citizens from two different countries, the U.S. courts may favor the American. Nevertheless, the other spouse should still hire a divorce attorney to ensure that his or her interests are addressed in divorce court. Even if the American spouse threatens to take ownership of their joint property, the other spouse is not without options. He or she can hire a divorce attorney to ensure that the divorce settlement is fair.
Ilyce Glink on WSB Radio – January 6, 2008
Today on the Ilyce Glink Show, Ilyce talked about the stock market and what the new unemployment numbers mean for a recession in 2008. She also talked about how to avoid a personal debt crisis in 2008 and gave tips on improving your finances. With property tax season approaching, she also answered several questions on how to appeal your property taxes. For more details, check out the show notes at www.thinkglink.com/forum. And, don't forget to subscribe to her new all-video YouTube channel, www.youtube.com/expertrealestatetips.
Tax Implications In Transfer Of Property Title
Transfer of property title can have many tax implications. There is no way to simply transfer title to you without you then having a significant tax issue down the line. Tax-wise, the best choice would be for you to inherit the property.
Neighbor Disputes Vacated Right-Of-Way
The issue of vacated rights-of-way, streets and alleys can be rather complicated. In some cases, roads, streets, alleys and other types of rights-of-way were created from private land and in others they were created from public land.
Retaining Wall Encroachment
What should you do If your neighbor has built a retaining wall that encroaches onto your property and he now wants you to provide him with an easement to cover the encroachment? Should you tear down the retaining wall instead? Or consult an attorney about setting up the easement agreement? If depends on what kind of relationship you have with your neighbor and the kind of impact this wall could have on your property.
Property Taxes On Inheritance
Property taxes can be calculated for the current year or in arrears. Inherited property usually owes property taxes based on the date the new owner receives the deed to the property.
Inheritance Property Conflict: Get A Real Estate Attorney
If you have been given property as an inheritance, and share it with others, hire a real estate attorney if there's a conflict. If you share the inheritance property with a family member, hiring a real estate attorney can be tricky. But if the siblings are having a conflict over the inheritance property, sometimes the real estate attorney may be the best, fair way to deal with the conflict.
Homeowners Insurance: Update Occasionally To Cover Rebuilding Costs
When should you update your homeowners insurance? Ilyce encourages homeowners to regularly update insurance to make sure it covers the high cost of rebuilding property. Call your insurance company and have them reassess the property.