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Pittsburgh Fentanyl Cloud posted:Closing on June 15, I’ll be a resident of one municipality Jan-June and another July - dec, that’s not really complicated. what does your accountant say ?
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# ? May 18, 2023 16:33 |
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# ? May 23, 2024 03:12 |
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Why would I hire an accountant to tell me how to file a change of address form and tell HR to withhold different taxes from my paycheck?
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# ? May 18, 2023 16:39 |
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have you never sold a house before
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# ? May 18, 2023 16:41 |
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euphronius posted:your accountant ????
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# ? May 18, 2023 16:41 |
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euphronius posted:did you figure out the income tax problems of selling the house after you bought another one what problems? if you're not getting more than a half-mil in profit per couple you don't pay taxes on it, lol.
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# ? May 18, 2023 16:41 |
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euphronius posted:have you never sold a house before I'd be lucky to get $200K for my current place, I'm not selling a palace efb
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# ? May 18, 2023 16:42 |
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please get an attorney and talk to an accountant if you are engaged in the largest financial transaction of your life
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# ? May 18, 2023 16:43 |
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doesn’t need an attorney but probably an accountant
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# ? May 18, 2023 16:44 |
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There aren't any tax implications involved besides the new place getting reassessed to purchase price and I already have a law guy at my wife's firm on the line if that happens to challenge the reassessment.
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# ? May 18, 2023 16:46 |
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do people not use attorneys when buying property in the rest of the country???? the first thing i did in nyc was find a real estate attorney ffs
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# ? May 18, 2023 16:46 |
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the requirement for an attorney varies by jurisdiction and locality in Pa they are mostly needed for the title insurance
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# ? May 18, 2023 16:47 |
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no? No one's ever even suggested the idea of retaining an attorney when buying a house around here to me.
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# ? May 18, 2023 16:47 |
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attorneys in Pa can do closings (I did a few ) but it’s not required
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# ? May 18, 2023 16:48 |
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now you made me paranoid so I'm gonna call an attorney, thanks a lot
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# ? May 18, 2023 16:52 |
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cspam law guy drumming up business for the other law guys
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# ? May 18, 2023 16:52 |
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Pittsburgh Fentanyl Cloud posted:now you made me paranoid so I'm gonna call an attorney, thanks a lot in texas it's pretty easy to get the appraisal district to appraise to your sale price for property tax purposes, as well as tons of agents that will do it for you much cheaper than an attorney
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# ? May 18, 2023 16:53 |
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i say swears online posted:in texas it's pretty easy to get the appraisal district to appraise to your sale price for property tax purposes, as well as tons of agents that will do it for you much cheaper than an attorney Generally around here there are law firms that exist solely to challenge reassessments after sale, but tbh I've never heard of having an attorney go to closing with you.
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# ? May 18, 2023 16:55 |
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only people in nyc get attorneys for real estate purposes, our buyers had one and everyone involved was thinking “who the gently caress brought lawyers lol”
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# ? May 18, 2023 16:55 |
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here pfc https://www.irs.gov/publications/p523#en_US_2022_publink100073070
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# ? May 18, 2023 16:55 |
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i paid a guy $1200 flat to answer every legal question i had for over a year, look at every potential contract, take care of the closing, etc. sure seems like a good idea versus reading the wikihow on buying a house or whatever idk
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# ? May 18, 2023 16:57 |
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I meet all the requirements there and none of the exclusions apply to me, except possibly the part about being "mentally unable to care for yourself"
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# ? May 18, 2023 16:59 |
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I entrust all my legal advice to ChatGPT, Esq
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# ? May 18, 2023 16:59 |
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JAY ZERO SUM GAME posted:i paid a guy $1200 flat to answer every legal question i had for over a year, look at every potential contract, take care of the closing, etc. probably but this isn't NYC and the house I'm selling will be lucky to get $200K
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# ? May 18, 2023 17:01 |
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The All In One Loan Maximize Your Cashflow strategy is basically this: Put all your savings and future paychecks into paying off the HELOC, and pay any expenses from the HELOC. You pay off your house faster, but yeah no poo poo you pay off your house faster if you are pouring literally all your money into paying off its debt instead of having any savings. They have a Simulator you can use to see if it would benefit you. But with my 2.875% 30yr fixed mortgage rate and their 8.54% rate, and my monthly income and expenses, it was pretty much break-even. I don't see any benefit in it. You still have a 8.54% APR debt hanging over your head. Edit: the benefit for this sketchy-rear end bank is that they make their nut in, for example, 9 years instead of 30 years like they would if they loaned traditional mortgages Maybe this HELOC is for Christian anti-debt psychos. Woodsy Owl has issued a correction as of 17:13 on May 18, 2023 |
# ? May 18, 2023 17:07 |
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Nothus posted:I entrust all my legal advice to ChatGPT, Esq quote:When closing on a house in Pittsburgh, Pennsylvania, there are several important factors to keep in mind. Here are some key considerations: no! nooo!!
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# ? May 18, 2023 17:07 |
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Pittsburgh Fentanyl Cloud posted:4% to 5.875% Just joshing ya, congrats on the move JAY ZERO SUM GAME posted:do people not use attorneys when buying property in the rest of the country???? the first thing i did in nyc was find a real estate attorney ffs Seriously, I’ve never heard of anyone buying/selling a house without an attorney. It’s like $500-600 here (they get paid by the title company too so it’s not very expensive for the client) Personally I wouldn’t carry out a transaction involving hundreds of thousands of dollars without a legal expert to represent me in the matter. Real estate agents are mostly too dumb to be of much help
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# ? May 18, 2023 17:11 |
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that irs webpage is a good start but it does not mention the secret issues that are way costlier
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# ? May 18, 2023 17:15 |
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euphronius posted:that irs webpage is a good start but it does not mention the secret issues that are way costlier professional gatekeeping smh
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# ? May 18, 2023 17:18 |
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the forbidden tax
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# ? May 18, 2023 17:19 |
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hiring an attorney to represent me at the Costco check out counter and ensure all discounts are applied
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# ? May 18, 2023 17:20 |
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so im getting tiktoks about americans moving to europe due to more affordable housing than america and better quality of life, but the locals having problems affording housing in their own country due to gentrification, airbnb/speculation so they're moving to even poorer areas like latin america. how is almost the entire loving planet having an acute shortage/affordability crisis and even strong social welfare states doing absolutely nothing about it? everyone is dicksucking FAILED neo liberal policies
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# ? May 18, 2023 18:03 |
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lol at the amount of av money PFC's cspam livejournals drum up for Jeffery
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# ? May 18, 2023 18:06 |
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congrats on the move to beautiful Cranberry, Pennsylvania PFC!
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# ? May 18, 2023 19:06 |
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he’s close to sending his rats to private school
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# ? May 18, 2023 19:06 |
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central rat-lic
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# ? May 18, 2023 19:10 |
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My understanding is that you hire a real estate attorney to do due diligence and verify whether the various contracts and documents are in order, no surprise liens the owners didn't disclose etc. Is this not correct? Seems like a prudent thing to do if you want to buy property the rights to which you expect the white settler state to enforce through violence if necessary.
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# ? May 18, 2023 19:16 |
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in Pa the title insurance company hires that attorney
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# ? May 18, 2023 19:17 |
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Pittsburgh Fentanyl Cloud posted:now you made me paranoid so I'm gonna call an attorney, thanks a lot if you want to be paranoid and not sleep look into what happens with incidents of wire fraud occurring related to the sale and purchase home.
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# ? May 18, 2023 19:25 |
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Me watching my home's price on Zillow soar "gently caress yes, this rules" Me reading the letter from my county's assessor "Wait what the gently caress"
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# ? May 18, 2023 19:26 |
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# ? May 23, 2024 03:12 |
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JAY ZERO SUM GAME posted:do people not use attorneys when buying property in the rest of the country???? the first thing i did in nyc was find a real estate attorney ffs ny real estate is infinitely more complicated than every other state, basically every one i talked to in the buying process said this, our state is insane
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# ? May 18, 2023 19:32 |