by rachaelhumphries | May 23, 2023 | real estate
Tax Consequences of Buying Your Parents’ HouseWhen one is buying a home from their parents, they need to consider the tax consequences that come with it. Whether buying in cash or through mortgage payments, taxes may still be due on this kind of real estate...
by rachaelhumphries | May 23, 2023 | real estate
How Long Can a Rental Property Be Vacant?When renting out a residential property, the largest worry for landlords is just how long their rental will remain vacant before incurring losses. There is no definitive answer to the question as it depends on various elements...
by rachaelhumphries | May 23, 2023 | real estate
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 long amount of time. To make sure none of...
by rachaelhumphries | May 23, 2023 | real estate
Can You Live in a House During Probate?Living in a house during probate may be possible, depending on the circumstances. When someone passes away and leaves behind property or assets like real estate, it must proceed through probate before being distributed to heirs....
by rachaelhumphries | May 22, 2023 | real estate
Can You Turn Off Utilities on a Squatter?You can end up wondering if it’s possible to turn fully off utilities on a squatter. The answer typically depends upon the applicable state and local laws, but in most situations, it is yes. Before turning off the utility...
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