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 [...]
Archive for July, 2008
Can Taxes Due After I Sold Effect My Credit?
Posted in Taxes, tagged credit, maine, statutues, Taxes on July 14, 2008 | Leave a Comment »
How Should We Take Title?
Posted in Title, Uncategorized, tagged business, maine, real estate, taking title on July 7, 2008 | Leave a Comment »
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 [...]