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Passing Inspection Before Sale

Passing Inspection Before Sale

By Ilyce Glink| 2023-12-21T13:23:23-06:00 December 21st, 2023|

Passing Inspection Before Sale A reader wants to know how to avoid a village-required inspection that will require updates to their property Q: This may be a question for Sam. We live in a village that requires us to purchase transfer stamps in order to sell our home. But for us to get the stamp, [...]

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Do we owe tax on the sale of our parents’ home?

Do we owe tax on the sale of our parents’ home?

By Ilyce Glink| 2023-05-20T16:21:55-05:00 May 15th, 2023|

Do we owe tax on the sale of our parents' home? Paying tax on the sale of your parents' home can be costly if you don't plan ahead. Q: My parents gave their house to their children but continued to live in it and pay all expenses related to the home. Life happened, and my [...]