In Texas, what's the most straight forward way for a parent to gift a home to an adult child? Home is free and clear.
So as someone who recently had a child, I'm looking for ways to put some money into an account set-up for my newborn that will hopefully grow over the years. Traditional CD's over below inflation rate interest rates,...
Is it worth it to have each business/rental LLC be owned by a parent LLC and then a Trust?Just trying to determine the pros/cons and the necessity of it all? Im assuming an Attorney could easily transfer my LLCs owner...
Does the lender or the debtor initiate the 1099-INT in a family situation like this?
Hello,Say a kid under the age of 18 inherits a rental property which has been placed under a trust and parents choose a custodian to manage the rental property. The rental property still has mortgage. The custodian ...
Hello everyone. I am currently presenting a situation I had not come across before and I can use some help from your wisdom and experience. My family owns a rental property in a B class neighborhood in San Diego (Whic...
I know you cant reject someone for having a child but children can cause alot of damage.Would you rather have a small child in the house and worrying about them drawing all over the walls and ruining the floors and ot...
I have an applicant whose income is largely from child support. The remainder is disability. References seem good, long term renter in two places, saw letters of reference which were excellent but getting ready to do...
I have a 2 adult/2 kid (6/9) family living at my 3bed/2bath rental for about 18months. Rent is always paid on time, and while the family is messier than I like, they are not dirty (more laundry and toys etc everywhere...
I am working with a homeowner that is in foreclosure. I'm putting together a short sale for him and noticed that there are several liens for child support. Do these liens have to be paid off before the home can be sold?