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$100,000 piece of land being held hostage by neighbor
Your basic problem here is this: attempting to buy a piece of property does not give any legal interest in the property. You have no ownership or other right in the property that is at risk or that is being damaged because of this. All that's happening here is that you aren't able to do the...- Taxing Matters
- Post #9
- Forum: Neighbors & Boundaries
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Who should I call if I was wrongly arrested in Georgia?
I don't know what you mean by the term "wrongly arrested". If you mean that the cop arrested you on charges that you did not commit that's not what wrongful arrest is in the law. All the officer needs for an arrest is probable cause to believe you may have committed crime. That's not a real high...- Taxing Matters
- Post #5
- Forum: Arrests, Searches, Warrants & Procedure
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Can an employer use private phone call of employee as evidence?
That sounds to me like the recording only captured your side of the conversation unless you had the phone on speaker (which, if you want privacy, isn't a good option to use). If only your side of the call was captured that call might not be admissible because it may be difficult to understand...- Taxing Matters
- Post #13
- Forum: Hiring, Firing & Wrongful Termination
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Can an employer use private phone call of employee as evidence?
How did the employer record the conversation? You used your own phone and the employer wouldn't have had access to that device. The details of exactly the recording came about matters.- Taxing Matters
- Post #6
- Forum: Hiring, Firing & Wrongful Termination
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No Police protection in Buckeye
Unfortunately most burglary cases are never solved, regardless of the size of the city or the size of the police department. Without something solid to identify who the burglar was there isn't much the cops can do for you. An experienced burglar doesn't leave anything that will identify him at...- Taxing Matters
- Post #2
- Forum: Other Government & Administrative Law Matters
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Cat scratch
It's not the cat, it the cat distribution system. People don't understand the vast underground cat conspiracy to get the little fur balls in everyone's home. Oh sure, it's easy to laugh it off now, but when every home is ruled by cats we're the ones who will be eating kibble and dashing off to...- Taxing Matters
- Post #19
- Forum: Other Personal Injury and Wrongful Death
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Cat scratch
Don't mock the cat distribution system! It's always at work finding places for cats that want one. The cats use a lot of emotional manipulation to carry out their mission. :D- Taxing Matters
- Post #17
- Forum: Other Personal Injury and Wrongful Death
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Owning a house with over $100K in equity and filing Chapter 7
That's because you've not been presented in this thread with all the variations one might have in transactions like this. When we are looking at one specific set of facts and assumptions then of course the results will sound much alike. But make other changes and the result may change...- Taxing Matters
- Post #26
- Forum: Consumer Bankruptcy
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Owning a house with over $100K in equity and filing Chapter 7
I think that's because, in part, you are familiar with bankruptcy. But a lot of people out there aren't and may not distinguish between information that is intended only with respect to bankruptcy and other situations unless that's specifically stated. I've dealt with hundreds of taxpayers over...- Taxing Matters
- Post #25
- Forum: Consumer Bankruptcy
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Owning a house with over $100K in equity and filing Chapter 7
The depreciation recapture is the same whether they filed their schedules E with their returns or not, of course. Depending on the details of the transaction, there may be imputed rental income if market rate rent was not paid. However, assuming that the owner had filed returns every year and...- Taxing Matters
- Post #22
- Forum: Consumer Bankruptcy
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Owning a house with over $100K in equity and filing Chapter 7
Most financial transactions have some degree of risk, and selling a property to a relative for less that full value is one of them. For a lot of people, it wouldn't be wortwhile even just looking at economics of it. For others, there are the potential risks that come with creditor rights. I...- Taxing Matters
- Post #21
- Forum: Consumer Bankruptcy
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Cat scratch
It isn't automatic that you would responsible for the scratch. There is more I'd want to know what occurred to make a judgment about that. Cats scratch a lot things for a lot different reasons, as pretty much every cat owner has experienced. Assuming that the cut healed just fine there aren't...- Taxing Matters
- Post #12
- Forum: Other Personal Injury and Wrongful Death
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Owning a house with over $100K in equity and filing Chapter 7
Yes, I can see that may be what was intended and of course don't disagree with that. My take on it was that they were stated as independent rules.- Taxing Matters
- Post #17
- Forum: Consumer Bankruptcy
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Owning a house with over $100K in equity and filing Chapter 7
I don't agree with the never part of that as it is too broad. For a person potentially facing bankruptcy I agree it's a bad idea. But for someone not struggling with debt problems there are instances in which that kind of sale may useful, e.g. as part of estate planning. But there are tax traps...- Taxing Matters
- Post #15
- Forum: Consumer Bankruptcy
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Owning a house with over $100K in equity and filing Chapter 7
When transactions are not documented for whatever reason it opens the door for problems whether in bankruptcy or not. Many years ago when I was a revenue officer for the IRS I had a case to collect delinquent income from a guy I'll call Jim. There was a rental property that I discovered was...- Taxing Matters
- Post #10
- Forum: Consumer Bankruptcy
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Protecting my financial assets
The first thing to know is that only the Democratic Party is going to know about your small donation. You cannot deduct deductions for contributions to a candidate's campaign or to a political party. As there is no tax benefit here there isn't any reason you'd disclose the contribution on your...- Taxing Matters
- Post #9
- Forum: Tax Law
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Lien on Property; Neighbor's HELOC issued on wrong property
Sucks for the bank. It doesn't have the borrower's property as security for the loan and while it will huff and puff to try to cover the mistake by getting money from someone, that someone won't be you. It has recorded a lien on the wrong property and if it fails to remove the lien you may sue...- Taxing Matters
- Post #5
- Forum: Buying & Selling a Home
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Compliant disclosure - LLC operating under a different name than the legal
Filing for the trade name — "doing business as" (DBA) or "trading as" (T/A) — with the state is typically the better option. Wyoming law does allow for trade names by common law, which means that you don't need to register it with the state to have a trade but you do need to use the name in...- Taxing Matters
- Post #3
- Forum: Starting and Operating a Business
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Writing a will on specific property, but not all properties I have
You need to see a Florida estate planning attorney. You live in Florida, a community property state. It is very likely that at the very least your property in Florida is community property. If that's the case if you die first your spouse will be entitled to half of all the community property...- Taxing Matters
- Post #7
- Forum: Other Real Estate Law Questions
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Status of homestead after judgment debtor's death
The fact that the home is owned as tenants by the entirety but the judgment is only against you is significant. Tenants by the entirety (TBE) is a form of ownership that applies only to married couples. With TBE ownership, it is the marital unit (which is made up of you and your wife) that owns...- Taxing Matters
- Post #5
- Forum: Debt Collections
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