For many people, your real property investments, including your home, are a large percentage of your total assets. Placing your real property into a revocable living trust could benefit you greatly by allowing certain exemptions, deductions and credits that would otherwise not be available to you.
The New Tax Law's Effect on Real Estate InvestmentsThe Tax and Jobs Act, also known as Public Law No: 115-97, became law in December of 2017. Thus, 2018 is the first tax year where we will see the legislation in action.
Having a place to live, from owning your own home to to renting a single room, has been a fundamental aspect of society for centuries. And because of how important this aspect of society is, each state has enacted laws to protect both homeowners and renters.
If you are thinking of changing your resident, then there are several reasons that you may want to consult a lawyer before signing any documents. While most real estate agents are trustworthy, working with a lawyer can save you many headaches.
Many clients need an experienced real estate attorney in Utah. They need deep experience in handling matters of real estate development, purchases, and sales. Our law firm assists clients in acquiring or disposing of homes, office buildings, shopping areas, residential communities, apartments, condo complexes, timeshares, contract preparation, and more.