New Tax Law and Real Estate
For many families, real estate and the family home are some of the most important investments they will make. Many people rely on investing money in their homes as a safe investment for their future and that of their family. In December 2017, Congress passed the Tax Cuts and Jobs Act which made sweeping changes […]Read More
Can I Contest My Property Value For Tax Purposes?
Lots of fun surprises can come in the mail. Unfortunately, your bill from the property tax assessor is not often in that category. Each year your home will be assessed and the property taxes reevaluated. In the vast majority of cases, this often means that your taxes will increase, as the amount of your property […]Read More
I Sold My Investment Property. Now What?
There are a variety of different ways that people will invest their money and their time to help boost their prospects for the future. Different tools such as Roth IRAs, stocks, and businesses are all ways that investors may try to grow their assets to help build their pool of resources. Investment properties are another […]Read More
Transfer on Death Deed
Estate planning requires careful thought and consideration to make sure that your goals for your family are properly met after your death. A good estate plan can help your family minimize the impact of estate taxes, keep certain assets out of probate, and protect other assets from creditors. Although there are many tools that can […]Read More
Ways Property May Be Titled?
Real estate can be a great investment to help secure your financial future and that of your family. For most people, real estate is a major purchase, and could be one of the largest assets the family will ever hold. Because it is such a large purchase with the potential to be a long-term investment, […]Read More
Real estate gets really, really real when you’re a conservator
Credit Sarah Sicheneder, Attorney Either Voltaire or that guy from Spiderman said: With great power comes great responsibility. We’re pretty sure they were talking about navigating a real estate transaction when you’re a conservator. There are so many hoops to jump through that even the hoops have hoops. Don’t fret. We’re here to help. Let’s […]Read More
Selling a House Without a Realtor? Read This First
Written by Jack Clinton, Attorney You can sell your house without a realtor. But “no realtor” doesn’t mean you should do it totally on your own. There’s a middle-of-the-road option that can save time, money, and a world of headaches.Read More
Are You an Outlaw Landlord?
Renting Out Your Home? You Could Be Sued By the City. Homeowners across the country are using online listing services such as HomeAway, Vacation Rentals By Owner (VRBO), and Airbnb to rent out their homes. Locally, residents of Chaska are eyeing big paydays this fall when the Ryder Cup comes to Hazeltine National Golf Club, […]Read More
Probate Basics, Part 6
Part of an occasional series on probate. Probate and Property (as in Real Estate)? What if the person who passed away owned land in more than one state? If the he or she owned out-of-state land, the laws of the other state govern who inherits it unless there is a will. If there is a […]Read More