The Tax Resources Blog

Posts Tagged ‘realestate’

Property Taxes Florida Due

Question: I lost 10 grand of escrow funds due to cancelling a home purchase contract. Can I claim on income tax, HELP?!!

Contract was contingent on the sale of other property I owned in another state. The property did not sell, however, the title company(escrow?) and the home owners had me sign papers releasing $10,000.00 of the escrow funds to the owners of the home that I did not purchase. The clause regarding the sell of my other property was in the contract and was required for the purchase of the home to take place. Unfortunately, under much distress and also being bipolar, this situation caused me much stress, confusion, humiliation and the list goes on. I signed, but later realized I had been taken advantage of. I reported this to the Florida Department Of Business & Professional Regulations in February, 2007. I have called the department multiple times for the status of my case with no results.
I can not afford a lawyer & am worried that my bipolar condition will hinder my case. I just need advice as to how I can recover as much of my loss as I can. I am a single Mom, nurse and now am disabled.

Answer: With out a lawyer…you are screwed….you need professional help.

FL To Cut Medicaid, Corporate Taxes