The IRS has a rule that states that a homeowner may keep up to $250,000 (up to $500,000 if you’re married) in profits from the sale of a primary residence, as long as the owner has lived in the home ...
Undivided interests and joint ventures are different concepts. An undivided interest grants two or more people a fraction of ownership in each part of a general asset group, or fractional ownership of ...
In a recent decision handed down by the Pennsylvania Supreme Court in Grant v. Grant, the court dealt with the effect of a self-conveyance of real property where a mother sought to sever a joint ...