Texas Bankruptcy Laws

Banks Create Fund For New England Mortgage Relief   Five banks have created a $125 million fund to refinance mortgage loans for New England homeowners facing interest rate increases. via WBZ TV read more...


A new option to reverse mortgage (Everett Herald)  The soft national housing market and chaotic mortgage environment have sent lenders and investors back to the drawing board in an effort to come up with new ideas and produce


Lake Alfred Crime Map  read more...


Policing contractors  NEW CITY , County officials want to crack down on unlicensed contractors because of the slaying of resident Mary Nagle, allegedly by a laborer working for an unlicensed home improvement


Recycling: County looks to lessen burden on landfills  Merced County's population is growing, but not as fast as the mountain of garbage it produces.via


Getting preapproved for a mortgage is critical in tight credit environment (Asheville Citizen-Times)  There is nothing more disappointing than failing to get something you really desire -- the perfect mate, a fabulous job or even a mortgage.read more...

January 11th, 2008

Inheriting a Tax Quandary

Q: Twenty years ago, my mother placed my name on the deed to her house to avoid tax issues when she died. Will the Internal Revenue Service treat this as inherited property or consider it investment property? Did I inherit her half of the property?

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