Posts Tagged ‘Mobile Home’
Parents selling home & moving in with me, how can they avoid capital gains tax?
Saturday, November 21st, 2009My boyfriend and I just bought a house (110K lien), and his parents will be moving in with us, in a garage-converted apartment. Parents are selling thier house for k to my boyfriend’s older sister. Since they are close to 80 and have no other assests, we are trying to invest legally but avoid capital gains. Should that 80k be paid on our house and add the parents to the title, or should the deed to the original house be passed as a "gift" to the sister and sister pay mom & pop under the table? Or should the 80k be split between all 7 of mom & pop’s children as an inheritance (even though both are alive, they do not have a will). Let me know what options exist.
The parent’s home is a single-wide mobile home on a permanet foundation on 1 1/2 acres of land in Maryland. They bought the land & the mobile home in the early 1980s and have owned & occupied it since then.
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What do you know about Maine property tax lien laws?
Monday, October 26th, 2009I am currently living on property owned by a family member. I have been told that their are liens on the property. (1) How do I find out what liens are on the property and for what amount and (2) If the person who owns the land that I am living on (in a mobile home owned by me) becomes deceased do I have a set time to vacate the property they own that I am living on, and (3) would it be best to try to settle these liens now before the property owner becomes deceased?
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If I buy a home at a tax lien sale, do I inherit the mortgage or any other liens?
Thursday, August 20th, 2009I purchased a mobile home at a tax sale and it is time to redeem. Do I inherit the liens that are on it? and what about the mortrgage lien?
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tax liens; which states do NOT have the right of redemption?
Sunday, August 16th, 2009I am interested in buying a tax lien on a mobile home in 2009 or 2010 for personal use; with a PURCHASE budget of 0-4,000. (not including lot rent)
I’m looking for a single-wide, and I only need one bedroom and one bathroom, though I’m sure I’ll get more than that.
I’m interested in metro’s with at least 150,000 people in any of the following states: minnesota, wisconsin, tennessee, alabama, arkansas, oklahoma, texas, kansas, nebraska, missouri, iowa, new mexico, arizona, nevada, oregon,washington, and california.
So, to ensure that I get my title right on the spot (if I understand this all correctly), which of these states do NOT have the right of redemption law applying to government sold tax liens?
…and west virginia, virginia, and mississippi


