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You're on the right track, to stop the tax sale you can either pay off the balance or enter into an installment payment plan.  Usually, they want a 25% deposit.

Although you should consult with your accountant to confirm, a properly prepared enhanced life estate deed, also known as a lady bird deed, is not a completed gift upon execution because the grantor r ...Read more

The capital gain is part of your income, and so if you have enough capital gain for that year, you'll still be in the higher capital gain rate bracket even if you have no other taxable income.

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Texas Property Taxation (Part Two)

There are two types of protests normally available to a homestead exempted property owner: (1) determination of the appraised value of the property; and (2) unequal appraisal of the owner’s pr ... Read more

Tools for Estate Planning with Minor Children

1. Nomination of Guardianship. Proper estate planning should include a clear directive nominating a successor guardian to essentially step into the parenting shoes left empty by the ... Read more

Texas Property Taxation - Part One

The State of Texas’ power to tax does not come from the U.S. or Texas Constitution. It is an inherent power associated with the sovereignty of the state. On the other hand, the taxing power of ... Read more

Which depreciation method is best for your business?

When you purchase assets and use them in your business, you have several options for deducting the cost. For example, you may choose to write off the full cost using Section 179, an alternative tha ... Read more

2016 Presidential Candidate Profile: Mike Huckabee

Follow this link to read about my 2016 Presidential Candidate Profiles. Candidate Profile: Mike Huckabee Current Office: None Age: 60 (born August 24, 1955) Party: Republican Real Clear Poli ... Read more

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