Practical Legal Solutions From An Experienced Team
A short sale in real estate means that a homeowner wants to sell a home for less than they owe on the current mortgage so they can avoid foreclosure. Mortgage companies may lose out on money if this occurs, so they must approve any short sale that occurs. Because the...
When shareholders elect to make a corporation an “S corporation,” it’s essentially for tax purposes. With an S corporation, the business’s income and losses are “passed through” to the shareholders to report on their personal income taxes. This prevents “double...
People often talk about looking for the right things in a new home. If you're interested in the residential real estate market, you likely have a list of things that simply have to be in the house for you to even consider it. This is a good place to start, but you...
Starting a new business is an exciting time, but it’s one that comes with some major responsibilities. One of the decisions that you have to make is how to structure the business. For people who are going to work alone, the decision is whether they want a sole...
In the United States, governments have the authority to take private land if it's being used for public use. This doesn’t mean that the property owner just has to accept what’s going on. They’re entitled to be fairly compensated for the property, and this sometimes...