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Showing results for tags 'il'.
Found 3 results
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Hello, ATXers.... I had a hard drive crash due to a power surge. The hard drive was replaced by a computer technician BUT, of course the ATX files are not found. Is there any way to recover them when they were just 'transferred' to a new hard drive and not 'backed up' with the ATX system of backing up? Any help is GREATLY appreciated!
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Decedent''s only asset left was a secured note/mortgage held on her home by former renter. In 2017 the individual died, her family that lived in it let the proprety go and did not pay the last 2 RE tax bills. Decedent's heirs filed for a quit claim deed and property was conveyed back to estate. Sold in 2018 at a county tax sale for 20% of original note, paid all costs and ended up with a "book" loss of about $50,000. Q1-Can they take the loss on the property, netting all legal fees - from the note's value at the time of default? Q2-Is it a capital loss to each heir, maxed by $,3000 loss limitation? Q3-if the estate is closed out does the loss go tothe hier and they carry it over if they are limited by the $3000 maximium loss? I am trying to help a family I am related to, but have little estate experience. Should I just hire someone?
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The department charged $460.00 on zero wage report (UI 3/40) each for three qurarters for late filing penalty. Is it a new law from IDES recently? I don't know how to protest it. Did anyone have the same experience? Any input would be appreciated.
