Tax Consequences of Buying Your Parents' HouseWhen one is thinking about purchasing a property from their parents, they must take into consideration the tax consequences that are included with it. Whether buying in cash or through mortgage payments, taxes can still be due on this type of real-estate transaction. Depending on if the sale price is below fair market value and other factors like capital gains...
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What to Do with Utilities When House is VacantThey need to assess the problem and make sure bills are paid, appliances aren't damaged, and the home is looked after while they're away when leaving their house vacant for an extended amount of time. To make certain none of those issues occur because of improper handling or neglect as it pertains to utility management — potentially risking costly repairs or...
What to Do with Utilities When House is VacantThey need to assess the problem and make sure bills are paid, appliances aren't damaged, and the home is looked after while they're away when leaving their house vacant for an extended amount of time. To make certain none of those issues occur because of improper handling or neglect as it pertains to utility management — potentially risking costly repairs or...