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Why You Buy Title Insurance

Why You Buy Title Insurance

By Ilyce Glink| 2025-01-27T15:58:22-06:00 January 27th, 2025|

Why You Buy Title Insurance Q: A previous owner owes taxes on the home we purchased. We are trying to refinance our home and we were told that there are taxes owing from 2002. We purchased the home in 2004. Are we responsible for paying these real estate taxes? A: It’s hard to believe that [...]

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How to Avoid Paying Taxes When Selling a Rental Property to a Child

How to Avoid Paying Taxes When Selling a Rental Property to a Child

By Ilyce Glink| 2022-09-18T12:01:20-05:00 May 19th, 2017|

How can you avoid paying taxes when selling a rental property to a child? You could try an installment sale. Q: We have a rental property that we would like to sell to our son and his wife. The problem is that we have not lived in the house as our primary residence for the [...]