Mecklenburg Times: News for Mecklenburg, Union and Iredell counties Real Estate, Development, Construction, and Community News in the Charlotte area and throughout Mecklenburg, Union and Iredell counties

Q: I live in a 55+ condo community. Our building consists of 64 apartments, each one with a designated parking space. In addition, there are 4 handicap spaces with corresponding signs indicated that spaces are reserved for visitors (up to ...

Tagged with: parking

Q:   Did Congress repeal the stepped-up basis when it enacted the new tax laws late last year? My husband died a month ago and I am concerned about the large tax I may have to pay when I sell the ...

Tagged with: Stepped-up basis

I’m a local, experienced Realtor and, coincidentally, trained as a home inspector. While I found the article on mold somewhat helpful, I do believe you could also note some other possible relief for these buyers. Most states, perhaps all, have ...

Tagged with: IRS

Q:     I bought a co-op 10 years ago. This was an free standing house. We did a “tear down” and completely rebuilt . All the construction was on a cash basis. Question: Does the IRS allow you to estimate home ...

Tagged with: taxes

Q:   I live in a 36 unit townhouse association. We are self managed, with an association president and a 7 member board. We pay monthly association dues for: common area expenses: landscaping , snow removal etc. I have a brick ...

Tagged with: license

Q:   I am a trustee of a 10-unit condo association, which hired a new building manager. When the outgoing manager received the separation letter, he claimed that owners didn’t support the decision and that he wasn’t going to leave the ...

Tagged with: bank accounts

  Q:   I own a condo in DC with 9 years left on the mortgage. I am the only person on the deed, and my son rents the condo from me. I have been thinking that I should add my ...

Tagged with: quit claim deed

Q:   What is the difference between a judicial foreclosure and a non-judicial foreclosure? Several years ago, I lent what I then called a friend some money to buy a house, and we put a mortgage on the property. He doesn’t ...

Tagged with: Foreclosure

Q:   I am writing as I live in a condo complex consisting of 296 units and we had a meeting on March 29 to elect new board members. At this meeting two new members were elected, but due to these ...

Tagged with: Kass

Q:   What is the difference between a judicial foreclosure and a non-judicial foreclosure? Several years ago, I lent what I then called a friend some money to buy a house, and we put a mortgage on the property. He doesn’t ...

Tagged with: Foreclosure