How to Navigate Huge Tax Implications When Selling Your Home
The market has been hot for about a year now. People are still buying and selling homes at a record pace. It can be a wonderful thing to sell a home. You can upgrade, change cities, downgrade for the money, or take advantage of a number of other opportunities. If you are looking to cash out on your home and make a big move, you should be aware of the tax implications....
Business Owners: Things You Must Know About Intellectual Property
It is easier now than ever to start a business, website, create promotional materials, and even products. Some people are full of ideas. While being creative and starting a business are great things, you have to be careful not to unintentionally use someone else’s intellectual property. Everyone has ideas but having a truly unique idea is much more...
How To Care for Your Child After Divorce
Divorce can be a trying and emotionally charged time for you and your child. No matter how much you try to shield your child from the fallout, they will still experience some hardship and grief.
What you can do now is to offer your child the resources or take action that can help them deal with this. Reassurance that they are important and valued by both parents will go a...
I Can’t Pay My Mortgage. What Are My Options?
Mortgage payments are where a person has to meet their mortgage loans with monthly payments. Due to unfortunate situations like unemployment or medical bills, it may get tough to pay different types of home mortgages.
That’s when people look for other options to avoid foreclosure. If you are encountering a similar situation, then here are some options that you could...
The Effects Of Bankruptcy On Real Estate Post-Covid-19
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BANKRUPTCY IN REAL ESTATE
Bankruptcy can affect almost every aspect and field of life leaving no exception to the real estate sector and the persons involved in this field. Bankruptcy in real estate affects the status of the tenant, landlord, and the status of the mortgagor and the mortgagee, etc.
Bankruptcy in real estate does not...
What Happens to Tax Debt if I File for Bankruptcy
What Happens to Tax Debt if I File for Bankruptcy
Bankruptcy laws vary from one situation to another. For example, Chapter 7 discharges a debtor from tax debt. In Chapter 13, on the other hand, all debts enter a repayment plan. In some cases, bankruptcy can discharge income tax, like any other unsecured debt. But income tax cannot be discharged if you have failed to file...