Tax Consequences of Buying Your Parents’ House When one is looking to purchase a home from their parents, they need to take into account the tax consequences that are included with it. Whether buying in cash or through mortgage payments, taxes may still be due on this kind of property transaction. Depending on if the…
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More infoWho Can Live in a House During Probate? As it pertains to the question of who will live in a home during probate, there are certainly a few things that have to be taken into account. In case you loved this post and you want to receive more details with regards to 253 Houses i…
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More infoWhat to Do with Utilities When House is Vacant They should assess the problem and ensure bills are paid, appliances aren’t damaged, and the house is looked after while they’re away when leaving their home vacant for a protracted period of time. To ensure none of the issues occur due to improper handling or neglect…
More infoHow Long Can a Rental Property Be Vacant? When renting out a residential property, the largest worry for landlords is how long their rental will remain vacant before incurring losses. There’s no definitive answer to this question as it depends on various elements including location, market trends and target tenants. It is advisable, however, that…
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