It is said that a person’s home is their castle. Some further reinforce that assertion by putting up a fence that supposedly provides a demarcated boundary. But what happens if the fence is not an accurate representation of the property line? Sometimes...
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William T. Peckham
Filing taxes early has many benefits
The end of the year is here, which means it is time for most Americans to begin preparing to file their 2019 income taxes. Of course, we have until midnight on April 15 to get it done without penalties, but waiting until the last minute adds expense and can lead to...
Commercial real estate is a high-risk high-reward endeavor
Many have found commercial real estate to be an excellent investment. The benefits can include tenants with long-term contracts who lease units that are much larger or more expensive than a residential property. However, risk comes into play because not every business...
Not everyone walks away with a Chapter 7 discharge
Dealing with overwhelming debt is not new to many Austin residents, and you may be one of them. You tried everything to get your finances under control, but your circumstances just wouldn't allow it. By the time creditors started calling, you knew you needed to find a...
6 easy year-end tax tips
It is five weeks before taxpayers close the books on 2019. There is, of course, plenty of time to procrastinate before the April 15, 2020 filing deadline, but there are still steps to take in 2019 that can help lower the tax obligations or increase that return....
Apps can help those facing bankruptcy
Anyone who faces bankruptcy or has already filed understands how hard it is. It starts with some difficult decisions and then there is a follow-through that demands sacrifices (financial and otherwise) before a person rebuilds their credit rating. One modern...
6 tips for avoiding foreclosure
Many of us have been unable to pay a bill on time at one point or another. This happens, and hopefully, it is paid soon after that because unpaid bills can lead to real problems when they pile up. When homeowners get behind on their mortgage, foreclosure may occur....
The side effects of debt
Any person burdened by crippling debt faces many difficult challenges, but some look at it as an illness that never completely goes away. Like an illness, debt can come with many side effects that can even manifest themselves in physical pain and suffering as well as...
IRS warns of a new scam
The Internal Revenue Service recently issued a new warning to tax professionals and taxpayers. In a new twist on an old trick, the fraudster threatens to cancel or suspend the victim's Social Security Number (SSN) if they do not pay their overdue tax bill. Initial...
Your title search shows a problem. What happens next?
After searching high and low, you finally found a piece of property you like and that suits your needs. Once the due-diligence portion of the real estate transactions began, you did a title search to make sure that no one else had a legal right to the property, that...