As my AZ Brother-in-law recently discovered, community property within an estate may be subject to a double step up in basis for the purpose of federal taxes.good luck

Try your state government websitehttp://www.window.state.tx.us/taxinfo/taxforms/90-forms.html

You do not want to use freecreditreport.com for free reports - the actual federal site to pull your report 1 time per year is annualcreditreport.com - the other one makes you put in a credit card and subscribe even though you can cancel it laterI use creditkarma.com and have for a few year.  

Let's step back in time when the government sign into law the Red Flag act most business is not using it, and the OFAC act most don't use it, and I have not heard anyone going to jail by not abiding by these rules.

The government said everyone must follow the OFAC rules but look like it has faded into the Texas sunset.

Lending is covered under the UCC, federal and state regulations, which are closely tied together in various ways and a violation in one area can play on other regulatory issues, the new act is just part of the big picture.I realize that was not a simple answer, it's not a simple question as stated.HMLs need to know the new laws or be aware of them, sort of like driving down the street and knowing what the speed limit is, I can drive slow but I'll never know how fast I can go unless I know where the line is. :)

This is fresh off the presses:Goldman, Morgan to Become Full-Fledged BanksHere's a bit from the article:Goldman Sachs and Morgan Stanley, the last two independent investment banks, will become bank holding companies, the Federal Reserve said Sunday night, a move that will fundamentally alter the landscape of Wall Street.The move alters one of the models of modern Wall Street, the independent investment bank, soon after the federal government unveiled the biggest market intervention since the New Deal.

We are going to have all expense run through my account and for tax reasons we are not paying Young Construction cause that means he would have to pay in to the government for his employees, etc...We will put $13k (if we had to pay contractors, etc. to do the work it would be about $25k in work) into the house and list it for $42,500 - our Real Estate Agent said it will sell easily for $39k or $40k.

A HUGE percentage of home loans are backed by the government and the government is BEYOND BROKE!

A couple of thoughts:It's the Federal government.