What are the Tax Consequences of a Short-Sale?
A short sale is a way for an individual to sell their home if they are unable to pay their mortgage. If the banks agree to shorten their home at a lower price than their mortgage, they will forgive a portion of their mortgage. The IRS considers canceled debt income. The “Mortgage forgiveness debt relief […]
Tips for Choosing the Right Solicitor in the UK
Selecting the right solicitor can be challenging, if you’re anxious about something you want the best legal advice you can get, so it is important to find the best possible candidate. You may be looking for someone to assist you with purchasing a new home, or dealing with a tenancy dispute, either way you’ll require […]
4 Reasons Why You Should Write a Will
Unfortunately, many people die prematurely, which might be due to an accident or disease, and without having written a Last Will & Testament, their entire estate is distributed according to ancient British laws, which might not be ideal for your specific situation. You might well assume that your family will automatically inherit your estate, yet, […]