Former U.S. Ambassador Jamie D. McCourt pays $19.2 million for a 1937 Nautical Art Moderne-style house at 1221 N. Lake Way on ...

Market conditions have driven some couples to forgo a big wedding and put the money toward a home down payment. But what if ...

Charles Carrier agreed to plead guilty to one count of felony wire fraud that carries a potential 20-year prison sentence.

New lawsuits and a proposed moratorium target Illinois’ tax-sale system, which remains unchanged two years after a key U.S.

Discover strategic estate planning tips to ensure your legacy benefits your children, not the IRS. Learn how to maximize your ...

If my mother gives her personal residence to me, my understanding is that I also get her adjusted cost basis.” ...

In “Gratz Park,” Bob Willcutt’s photographs and Jeremy Popkin’s narrative tell the story of the park that plays a large role ...

Immovable property (like land or a house) received for free or at a much lower price ... receipt · Donor's name and relationship · Supporting documents like gift deeds or bank transfers “If you’re ...

The court however said that even otherwise the gift deeds in this case did not conclusively ... Sonawari, and a house at Barbarshah, Srinagar, originally owned by the deceased (father of both ...

The notification stated that the exemption will apply only to gift deeds executed between family ... members to consider gifting their flats, house, plots, commercial units or other immovable ...

Valentine's Day 2025: If a husband gifts a property to his wife, the apartment's value is not taxable in the wife's hands. Thinking of gifting a new flat to your wife this Valentine's Day?