Real Estate

Can You Turn Off Utilities on a Squatter?

Can You Turn Off Utilities on a Squatter?You can find themselves wondering if it's possible to turn fully off utilities on a squatter. The clear answer typically depends on the applicable state and local laws, however in most situations, it's yes. Before turning off the utility services from occupants who do not hold legal rights, an eviction should be initiated as certain court orders are expected for...

What to Do with Utilities When House is Vacant

What to Do with Utilities When House is VacantThey must assess the problem and make sure bills are paid, appliances aren't damaged, and the house is cared for while they're away when leaving their home vacant for a protracted period of time. To make certain none of those issues occur as a result of improper handling or neglect as it pertains to utility management — potentially risking costly repairs or...

Tax Consequences of Buying Your Parents’ House

Tax Consequences of Buying Your Parents' HouseWhen one is thinking about purchasing a home from their parents, they must consider 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 real estate transaction. Based on if the sale price is less than fair market value and other factors like capital gains tax implications,...

Can a Hospital Put a Lien on Your House?

Can a Hospital Put a Lien on Your House?In regards to medical bills, a hospital can attempt to put a lien on one's house when they fail to cover the bill. Which means that any profits from the sale of their home would go towards paying off outstanding debt incurred by not investing in medical care. It is essential that patients understand their rights and responsibilities when dealing with...

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What to Do with Utilities When House is Vacant

What to Do with Utilities When House is VacantThey have to assess the situation and make certain bills are paid, appliances aren't damaged, and your house is cared for while they're away when leaving their property vacant for a protracted period of time. To make sure none of those issues occur as a result of improper handling or neglect in regards to utility management — potentially risking costly...

Tax Consequences of Buying Your Parents’ House

Tax Consequences of Buying Your Parents' HouseWhen one is thinking about purchasing a property 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 can still be due on this sort of real estate transaction. Depending on if the sale price is lower than fair market value and other factors like capital...

Tax Consequences of Buying Your Parents’ House

Tax Consequences of Buying Your Parents' HouseWhen one is buying a home from their parents, they need to take into account the tax consequences that include it. Whether buying in cash or through mortgage payments, taxes can always be due on this kind of real-estate transaction. Depending on if the sale price is below fair market value and other factors like capital gains tax implications, asapcashoffer...

Tax Consequences of Buying Your Parents’ House

Tax Consequences of Buying Your Parents' HouseWhen one is buying a home from their parents, they need to take into account the tax consequences that include it. Whether buying in cash or through mortgage payments, taxes can always be due on this kind of real-estate transaction. Depending on if the sale price is below fair market value and other factors like capital gains tax implications, asapcashoffer...

Should I Buy My Parents House Before They Die?

Should I Buy My Parents House Before They Die?Choosing to purchase one's parents' house before they pass away is an important decision. It can be quite a challenging and emotional undertaking, but with the help of ASAP Cash Offer, individuals do not need to go through it alone. The team of experts understands that there are multiple viewpoints at play and provides guidance throughout each step of this...

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