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My family (my parents and my sisters and I ) has a property
My name is ***** ***** family (my parents and my sisters and I ) has a property in Hong Kong. The property was purchased 2001 in Hong Kong. The house is under my name and my sister's name. I have moved to US in 2006 after I got marriedMy family in Hong Kong wish to sell the property, do I need to have a quitclaim deed or something done in order to make sure the house is fully owned by my sisters? I have my family here in the US and I do not want any part of the house in hong kong. What are my options to give my share of the house to my sisters or my parents? or somehow transfer my name away from the property ownership?Since I do not want any part of the house, I need to do it in a way that I would not incur any capital gain/loss when they sell that house, since I will not take any part of the proceed. … read more
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My father passed away without a will. The land that the
hello, my father passed away without a will. The land that the house they lived in was in his name only and I jut found out that I technically inherited a fourth of that. My mom is selling the house a… read more
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I had asked a question earlier today. I wanted to give more
I had asked a question earlier today. I wanted to give more details on the question. My dad got sick 2007 so we decided to put the house in my sisters1 name. In 2009 the house was changed to sister2 n… read more
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I have a very complicated situation with home property that
I have a very complicated situation with home property that sold in 2015. The house was transferred between siblings. My name was added in 2012-2015. But my sister has always claim the house on her ta… read more
Robin D.
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My mother passed in 12 2014. The home was our 3 siblings
My mother passed in 12 2014. The home was our 3 siblings name. The property was sold after her death and we each received $75k. The attorney that did the closing sent me a 1099S form. Do we pay taxes … read more
emc011075
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My mother passed away in April 2011, then my father passed
My mother passed away in April 2011, then my father passed away in July 2011. Me and my three sisters were left the house equally. The estate was under $1,000,000.00 so no estate tax was due. My siste… read more
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Before my mother passed away in 2000, she provided paperwork
Before my mother passed away in 2000, she provided paperwork to my sister so she could put the deed to their property in my sister and brother's name so the state could not take the property if and wh… read more
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REAL ESTATE QUESTION When our Dad died in 1986, my sisters
REAL ESTATE QUESTION: When our Dad died in 1986, my sister's name was added to the deed of our Mom's house in order to avoid probate. We have just sold the house for $290K, and we understand that capi… read more
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capital gains tax question We moved into our family home
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i recently sold a property and recived a third of the sale
i recently sold a property and recived a third of the sale around 33,000 what is the capital gains tax on that can you help me… read more
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about 3 years ago my father and mother changed the title to
about 3 years ago my father and mother changed the title to their deed from his name to my sister and I...my mother dies in 2008 but he continued to live in it, payed the mortgage and all other expens… read more
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My parents bought our family home in 1952. Mom died in 1968.
My parents bought our family home in 1952. Mom died in 1968. In 1974, , Dad added our sister's name to title so that she could serve as steward of proceeds when he died and family home was sold. Dad d… read more
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My mother passed away and left me a home with a rereverse mortgage.
My mother passed away and left me a home with a rereverse mortgage. There is a little confusion because she removed the house from her trust when she took out the loan. In terms of our tax status will… read more
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My grandmothr had a trust of 200 acres of land and it was disolved
My grandmothr had a trust of 200 acres of land and it was disolved in Dec. 2009 for fair market value. My bother.sisters and I are the heirs. But my dad passed away in May of 2009 and the trust lawyer… read more
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Our mother passed away in May. I am I the process of settling
Our mother passed away in May. I am I the process of settling the estate. I would like to sell the mutual funds and disburse the cash to my brother & sister. The accounts are still in my mother's name… read more
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My mother passed away in 1997. At that point, my older sibling(head
My mother passed away in 1997. At that point, my older sibling(head of the estate) lived there for 3 years. After she moved out of state, I myself moved in and have been living their ever since. The h… read more
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My mother passed away over two years ago and we are getting
My mother passed away over two years ago and we are getting ready to put her house on the market. Before her death, she put one of my siblings on the title. Her will stipulated that the house proceeds… read more
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Five years ago my sister convinced my mother to take ...
Five years ago my sister convinced my mother to take her home out of her trust and gift it over to her. My mother is still alive, she's 88 and lives in the house with my disabled brother who is on SSD… read more
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