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 →

The post A Guide to Schedule K-1 (Form 1041) appeared first on SmartAsset Blog.

In borrowing, there are two types of debts, recourse and nonrecourse. Recourse debt holds the person borrowing money personally liable for the debt. If you default on a recourse loan, the lender will have license, or recourse, to go after … Continue reading →

The post What Is a Recourse Loan? appeared first on SmartAsset Blog.

A classic Los Angeles home renovated in 1969 awaits its next chapter. Owned by the celebrity couple Bridget Fonda and Danny Elfman, it’s a vintage dream.

The post Bridget Fonda and Danny Elfman’s Terrific Time Capsule Awaits a Buyer appeared first on Real Estate News & Insights | realtor.com®.

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

The post New to Market: Matt Damon’s Zen Los Angeles Home Asks $21 Million appeared first on Fancy Pants Homes.

New financial advisors need something to help them stand out. Consequently, the AAMS does just that. Designed for newcomers to the financial advice business, the AAMS trains advisors to identify investment opportunities as well as help clients with other financial … Continue reading →

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