Buying a new home is exciting, but there are many things to take into consideration before making the down payment and committing to such a large purchase. In addition to factors such as schools, property taxes, and nearby traffic, it is necessary to consider the...
Real Estate
3 types of neighbor disputes that could require legal assistance
Disputes between neighbors are tricky. There simply is no avoiding the other party. Since your relationship with the owners of the properties adjacent to yours carries on, it is wise to resolve issues diplomatically. Hiring an attorney to help you navigate this...
What are the advantages of hiring a property management company to take care of your rental property?
Some people may associate property management companies with only large condominiums or apartment buildings. However, rental property owners with just a few rental or vacation units may benefit from working with a property management company. Establishing a...
Prepare your neighbors before renting out your home
If you are considering renting out your home as a short-term rental property, it is a good idea to give your neighbors warning of what will happen. While you do not need their permission, it is a courtesy to advise them of the situation. This gives you both an...
How to handle a boundary dispute with your neighbor
Do you have a conflict with neighbors about exactly where your property begins and theirs ends? Boundaries do not always follow existing fence lines or current usage, which can lead to misunderstandings and cause problems between homeowners. Take these steps if a...
TAX BASIS IN REAL ESTATE TRANSFERS
Real Estate transfers occur either by sale, trade, gift or at death. The income tax impact differs in each instance. I need to note at the onset that my Capital Transactions textbook at the University of Denver tax school was about 3 ½ inches thick. So, this...
Strategies to help solve a property dispute
Imagine buying a piece of property and starting renovations. Things are going well until your neighbor serves with you with a cease-and-desist order. Apparently, your renovations have spilled over onto his property. However, according to the survey you had performed...
How to resolve a property boundary dispute
No matter who you are or what part of Washington you live in, there's a good chance that you share a property boundary with at least one other person. While most people have no problem with this, it's not uncommon to run into trouble every now and again. If you are...
Property dispute with your neighbor? Here’s what NOT to do…
Individual land ownership is at the heart of a free economy. However, it's not always easy to figure out where property lines lie. Even the most advanced surveying equipment or detailed parcel descriptions can leave room for doubt. These gray areas sometimes lead to...