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Understanding Taxes When Selling a Parent’s House in Buffalo, NY

Selling a parent’s home is often a necessary step when transitioning them into assisted living or a retirement community. However, many families are caught off guard by the potential tax implications of the sale. Understanding these tax obligations is essential to ensure you maximize the proceeds from the home sale while minimizing financial surprises. At … Continued

Moving Parents into Assisted Living in Buffalo, NY: How Buffalo Brick & Mortar LLC Can Help with Selling Their Home

Moving parents into assisted living is a significant life transition that comes with emotional and logistical challenges. Families in Buffalo, NY often face difficult decisions about finding the right care facility, managing finances, and selling a home to fund assisted living expenses. Understanding the process and available support can make all the difference if you’re … Continued

How to Sell Your House During Bankruptcy in Buffalo, NY

If you own a home when you file for bankruptcy, it becomes part of the bankruptcy estate, the property or assets you own. In October of 2022, there was a twenty-seven percent increase in chapter 13 bankruptcy filings over the previous year. Bankruptcies, including all chapters, total a seven percent increase overall, which correlates strongly … Continued
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