A Guide to Schedule K-1 (Form 1041)

Inheriting property or other assets typically involves filing the appropriate tax forms with the IRS. Schedule K-1 (Form 1041) is used to report a beneficiary’s share of an estate or trust, including income as well as credits, deductions and profits. … Continue reading →

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Race Car Driver Johnny Gray’s $32.5M Florida Mansion Revs Onto the Market

The retired race car driver Johnny Gray is speeding away from his Jupiter, FL, home. On the market for $32.5 million, the 30,000-square-foot estate was built in 2016.

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New to Market: Matt Damon’s Zen Los Angeles Home Asks $21 Million

The actor is ready to part ways with his Pacific Palisades digs, a Zen-inspired architectural gem with striking features and Instagram-worthy interiors. More

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‘Our Dream Home Failed Inspection’: A Warning to Buyers

There was so much to love about this old house—that is, until a home inspection revealed some scary secrets. Here’s what other home buyers should know.

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Are You a Homeowner Seeking Forbearance on Your Mortgage? Watch Out for These Red Flags

monkeybusinessimages/Getty ImagesHomeowners are asking for breaks on their mortgage payments in droves, as millions of Americans face the prospect of unemployment or reduced income because of the coronanvirus pandemic. But

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How to Change the Executor of a Will

Drafting a last will and testament can help to ensure that your assets are distributed according to your wishes after you pass away. You can also use your will to name a legal guardian for minor children or choose an … Continue reading →

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‘CBS Sunday Morning’ Host Jane Pauley Sells Hudson River Retreat for $6.3M

“CBS Sunday Morning” host Jane Pauley has sold her Palisades, NY, retreat for $6.3 million. She and her husband, Gary Trudeau, bought it for $2.3 million.

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5 Telltale Signs That You May Not Be Ready To Buy a Home

While you might be mentally ready to buy a home, your financial situation might tell a different story and will indicate if you’re ready to buy a house.

The post 5 Telltale Signs That You May Not Be Ready To Buy a Home appeared first on Real Estate News & Insights | realtor.com®.

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