Property owners who sell real estate at a profit may need to pay capital gains taxes. The reasoning is basically that the Internal Revenue Service (IRS) views the gain in value as a form of taxable income. The IRS generally applies a capital gains tax to the value of...
A real estate attorney can serve a number of functions. Common examples include: · Title work. A title search checks for issues that could hinder the transfer of ownership of property. An attorney can complete this search and help to resolve any potential legal...
One of the largest purchases a couple can make together is a home. If you and your partner are planning to purchase a home together or at least contribute to the costs of homeownership, it is wise to draw up an agreement detailing, among other things, how to handle...
