Real Estate

Trees protruding onto your property can cause undue stress and arguments between neighbors. The general rule is that if a neighbor's tree is causing actual problems with your property, or interfering with the use of your property, then you have certain rights as to that intrusion.

What happens if someone sues you for causing property damage to their property? The best defense is always to outline each element of the plaintiff's case, and then ask yourself what proof the plaintiff has on each element, and what proof you can introduce or bring to court to disprove the plaintiff's version.

As a homeowner and landlord, you have an absolute right to your own property. That means no person can intrude on your land without your permission, an easement or common driveway exists, or zoning, or local, state or federal law acquires an interest in your property through eminent domain.

When buying or selling a house, it is good to be aware of several common problems can arise in any real estate sale.

Generally the following steps are involved in a routine real estate transaction:

Perhaps the most common transaction in the area of real property is the purchase or sale of a residential property. In many states, real estate brokers, title companies, and escrow companies routinely handle purchases of residential property, without the services of a lawyer, in other states, attorneys handle various parts of the transactions.

Generally, under the Internal Revenue Code, you will be forced to pay taxes on any transaction that involves real estate and produces a gain at the time of the sale. However, if you sell your house, the Internal Revenue Code gives taxpayers a special tax treatment.

What is Rental Income? Payments received from a person or entity that is using property owned by you are typically considered rental income. You must report in your gross income all income received as rent.

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