Regarding Section 1031 of the Tax Code, the tax reform laws enacted in the beginning of 2018 kept the use of 1031 Exchanges for tax deferral when commercial and investment real estate properties are sold but eliminated the use of 1031 Exchanges to obtain tax deferral when personal property is sold.
Determining how to take title to your property is a major decision. Sole Ownership, Tenancy by the Entirety, Corporation, Trust, Community Property, Tenancy in Common, Life Estate, or Joint Tenancy with Right of Survivorship are different ways to hold title.
Runkel Abstract & Title Company is a proud sponsor of Homes for Heroes. Firefighters, law enforcement, military, healthcare workers, EMS and teachers save when they buy, sell or refinance a home.
A real estate contract may require the buyer to provide an earnest money deposit to show the seller their sincerity in purchasing a property.
The Department of Safety and Professional Services (DSPS) has issued updated guidelines regarding the Weatherization Program that is set to expire effective January 1, 2018. DSPS is already phasing out the procedures for processing Stipulations, Waivers, and Certficates of Compliance. DSPS will discontinue the Rental Weatherization database on November 11, 2017.
Whether you are purchasing a home or selling a house, knowing what to expect and being prepared at the "closing" can help eliminate stress and result in a pleasant experience.
Sue Stoltz has worked at Runkel Abstract & Title Company for 40 years. We celebrate her dedication and hard work over the last 40 years.
A power of attorney (POA) is a written authorization to act or represent another in their personal dealings.
While companies may have spam filters and antivirus software, spam and phishing emails can still slip through employee inboxes. Email recipients are the most critical element in preventing an attack. Here are some tips on how to identify the authenticity of a questionable email.