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Questions Answered by Agustin Arbulu
1 Answer | Asked in Tax Law for Iowa on
Q: Can my fiance claim me on taxes?
Agustin  Arbulu
Agustin Arbulu
answered on Jan 25, 2022

This is very interest question and suggests that your fiance wants Head of Household (HOH) status to take advantage of the lower tax rate and higher standard deduction. To qualify for HOH your fiance must:

1. Pay for more than half of your household expenses (such as groceries, rent,...
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1 Answer | Asked in Real Estate Law and Tax Law for Colorado on
Q: How do I sell a 0.26 acre lot left behind in Pueblo County, CO after my parents’ passing?

I have two sisters that want me to sell the lot and split it three ways. I don’t want to be liable for the taxes in their entirety after the sale. What kind of document do I need from them before I can sell the lot? How do I avoid the entire tax liability? Neither of us want the lot.

Thank you.

Agustin  Arbulu
Agustin Arbulu
answered on Jan 25, 2022

This is an important question posed. As I understand it your parents left you and your sister a piece of property. I am assuming the property was to be owned jointly with your 2 sisters. Further I am assuming the property is in your name for convenient purposes (like to avoid probate). If that is... View More

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