The federal government says that people in Texas and other places in the United States can have up to 10 mortgages. Furthermore, some types of property do not count against that total, including commercial real estate, apartment complexes with more than four units,...
Month: March 2023
A brief look at like-kind property trades
On Behalf of Blazier, Christensen, Browder & Virr, P.C. | Mar 20, 2023 | Tax Law
Trading property of a similar kind for business purposes between people is common among Texans. The advantage of making a like-kind trade is that you do not have to pay capital gains taxes. However, there are a few things to consider. The properties do not have to be...
Watch out for these Texas beneficiary designation missteps
On Behalf of Blazier, Christensen, Browder & Virr, P.C. | Mar 9, 2023 | Estate Planning And Probate
A beneficiary designation gives you the power to transfer your assets straight to your intended inheritor. All you have to do in this process is complete a form and file it with the financial company that holds the asset. In this form, you also designate the person to...
Why zoning is needed, and how it works
On Behalf of Blazier, Christensen, Browder & Virr, P.C. | Mar 2, 2023 | Construction Law
Municipalities in Texas use zoning regulations to improve communities by separating residential and commercial areas, but the way the rules are applied often draws criticism. Local authorities can make changes to zoning regulations to encourage economic development or...
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