The “Exit Tax” is Not Even a Tax, It Is An Estimated Tax Payment. When a home is sold in New Jersey, sellers have to make an estimated tax payment at the time of closing. This estimated tax payment is actually the “exit tax” that have so many New Jersey homeowners have questions about. New…

Penn State death followed others blamed on hazing in US fraternities Excerpt from GMA article via Yahoo.com by Michael Edison Hayden The recent charges filed against fraternity members in the death of Penn State student Timothy Piazza during a fraternity pledge ceremony have stoked interest in the detailed allegations of inaction among group members in coming…

N.J. Rethinks Bail – Who Gets Out, Who Stays Jailed Originally by Maddie Hanna via Trenton Bureau “As of Sunday, suspects arrested in New Jersey will no longer face the prospect of being stuck in jail solely because they can’t make bail. But some accused offenders will no longer have any chance of being released before…

Photo credit Nancy Rokos | For BCT.com “It was a very challenging case, and even more so considering the jury did not have the option of lesser-included manslaughter charges. That among other potential appeal issues will be discussed with my client” – Tim Farrow Excerpt from article by Rose Krebs (BurlingtonCountyTimes.com): “A jury found a Cinnaminson man…

Capitalize on Last-Minute Tax Breaks by Contacting a Real Estate Attorney An advantageous tax break expires December 31, 2016, bringing serious financial implications to homeowners in need of a short sale and mortgage debt forgiveness. Specifically, the Mortgage Forgiveness Debt Relief Act, which allows homeowners to exclude up to $2,000,000.00 of income from forgiven debt on…

New Jersey currently has over 4,000 zombie foreclosure properties, highest in the US The foreclosure crisis in New Jersey is creating unique opportunities for buyers of distressed properties, whether seasoned investors or first-time buyers. Zombie properties are houses that have been vacated before the foreclosure process is completed, leaving these properties vacant. A full 21%…

Photo credit BurlingtonCountyTimes.com Farrow has argued that his client has long suffered from what he called “serious mental illness that started as early as age 11.” That includes anxiety and depression, he has said, and Pozniak has relied on hard drugs to deal with them. Excerpt from article by Joe Green (Burlington County Times): “On Wednesday,…

Photo credit BurlingtonCountyTimes.com “The premise is that the human mind is extremely complex,” Farrow told jurors. “This case is about the mind of Dennis Pozniak” and his intentions that night, he argued. Excerpt from article by Rose Krebs (Burlington County Times): “A man bludgeoned his girlfriend and her father to death with a pipe wrench because…

Excerpt from article by David K. Li (New York Post): A New Jersey judge on Thursday issued a criminal summons for Gov. Chris Christie in connection to his role in the George Washington Bridge scandal. “Judge Roy McGeady issued a probable cause summons for Christie, saying there’s evidence to show he might have known aides were…

Dash Farrow, LLP partner Tim Farrow is pleased to announce his candidacy for re-election to the Collingswood Board of Education. Below is a statement of his candidacy. Tim Farrow for Collingswood Board of Education “I am current member of the Board of Education, in the last year of my first term. My wife Jodie and…