Feeds:
Posts
Comments

Archive for July, 2008

QUESTION:
In May, 2007, I sold my house in Limerick Maine to a single woman.  It was a cash deal ( no Lender was involved ).  I had paid the tax bill due on March 15, 2007 which, I understand paid me in advance through June 30, 2007. In fact, at closing, I received a credit [...]

Read Full Post »

QUESTION: 
My best friend and I are purchasing an apartment building together.  How should we take title to the property?  What different ways are available to us?  Should we incorporate?  Should we use a trust?  Our Lender indicated that these decisions are up to us.  Can you give us some guidance?
 
Bill from South Portland
 
 
BOB’S ANSWER: 
Bill:
 
This is [...]

Read Full Post »