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Sounds like a partnership to me, but you need more information with how the brother got involved. Attorney is correct when he says he doesn't know anything abou...
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Hi Everyone,I've searched and I can't seem to find my answer. I only do a few small partnership returns a year, but this one needs a Schedule L. I've got everyt...
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Thank you! A verbal contract for deed is an excellent way of putting it. I'll have them put a contract together and that's what I'll use. I appreciate your advi...
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She gave her dad the down payment money 5 years ago when they initially bought the house. But her name was only put on the deed in March 2021, which I think is ...
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It is possible I'm confused, I admit that this is not an area that I tread often. Just trying to reach the best possible outcome without breaking tax law. 🙂I w...