Trustee’s sale terminated ownership before bankruptcy petition filed
Facts: A homeowner became delinquent on his mortgage and the lender commenced foreclosure. A buyer...
Read More
Author: Carrie B. Reyes
Joint tenants sharing ownership rights cannot exceed individual deduction limit
Facts: Two unmarried co-owners of two properties claimed separate Federal income tax deductions for their home mortgage interest payments. The co-owners each reported deductions for interest paid on $1 million of acquisition...
Read More
Component depreciation barred by standard depreciation schedule
Facts: The owner of an apartment complex claimed individual depreciation deductions on components...
Read MoreSurvey time! Compare your personal experience with Big Bank claims
This article analyzes the recent Federal Reserve survey of Big Banks and allows readers to share their own experiences with lenders.
Read More
Equitable easement granted regardless of length of use or lack of monetary compensation
Facts: A property owner purchased an undeveloped, landlocked parcel. The seller and his broker...
Read MoreEducation
Quilix
Your weekly California real estate news digest.
Resources
Games
Get to know us
Products & Services
