Marriage, siblings, estates and family ownership can all lead to unwanted trouble from the IRS if property is owned jointly. Should one of those joint owners be indebted to the IRS, the tax agency can ...
Relationships ending can introduce immediate financial challenges, especially for those with joint property. Homes, investment properties, or land jointly owned bring about legal and financial ...
Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. Joint ownership with right of survivorship is a convenient way ...
We are purchasing a residential house costing ₹51 lakh rupees for our own occupation where me, my brother and my father will be co-owners. The margin money (approx. 33% of the Agreement Value) will be ...
Owing a house is a significant milestone in one’s life. And owing it jointly with spouse carries a multitude of advantages. This dynamic arrangement where two individuals share rights and ...
Who inherits how much of the house and grounds or other real property when a part-owner dies? If there is a surviving part-owner, can the beneficiaries of an owner’s will claim her share without her ...
Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South Carolina, where he launched his own financial advisory firm in 2018. Thomas' experience gives him expertise in a ...
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