Edith Lank

Posted November 04, 2012

Dear Ms. Lank: Did you know that there will be a 3.8. percent tax on homes sold in the year 2013 to finance the Obamacare program? -- Email Answer: No, there won't.

Posted July 24, 2011

The bad news is that each owner is legally responsible for the entire tax bill. The good news is that in a tax foreclosure, action is usually taken against the property, and not personally against the landowner(s). If you don't pay, your relationship with your cousins might take a hit, but I don't think your credit record would.