Shhh! Why a Quiet Title is Your Secret Weapon after an Upset Sale
Each September, Pennsylvania’s taxing districts – the County, School District and Municipality – may seek to recoup unpaid real estate taxes via Upset Sales. While the process behind these sales is heavily regulated by the Pennsylvania Real Estate Tax Sale Law (RETSL), properties may sell for far less than market value at auction, making them desirable for investors. Unfortunately for an investor, one complication of these sales is that you only receive a tax deed. In other words, you will not have “marketable title.” Fortunately, there is a process by which you can obtain clean title – a Quiet Title action. Learn more about this process and how an experienced real estate attorney can help.
2025 IRS Tax Adjustments: Impact on Estate Planning
The IRS has released important inflation adjustments for the 2025 tax year, which will impact individual taxpayers and estates. Individuals and families may find themselves in different tax brackets, potentially reducing or increasing their tax burden. From an estate planning perspective, knowing these 2025 tax adjustments in advance can help individuals and families plan accordingly. This is especially important with the expiration of many provisions of the Tax Cuts and Jobs Act (“TCJA”) after December 31, 2025.