aministrator of estate no financial records of deceased uncle. What do I do when I file taxes with the IRS?
Q. I was appointed administrator of my uncle's estate. I thought he had his financial records...Unfortunately, he died incompetent and no will (intestate)...There are no legal records. I live in KS...He lived in NY. He filed no taxes with the IRS, since 2003. My records began in 2007. What do I do if I do not have any financial records and there is a small estate connected to 2 mortgage notes?
Asked by unknown - Mon Mar 10 16:47:50 2008 - - 1 Answers - 0 Comments
A. It is hard to tell what may be due based on your narrative. He may owe income taxes and may not. As administrator you need to make sure everything is OK before you close the estate. I am an enrolled agent, a tax specialist licensed by the US Treasury Department to represent taxpayers (along with attorneys and CPAs) and specialize in clients who have substantial outstanding tax liabilities or long periods of failing to file returns--in other words, messes. If you would like some additional information outside this forum, you can send me email through my profile.
Answered by wartz - Mon Mar 10 18:10:30 2008
Q. I was appointed administrator of my uncle's estate. I thought he had his financial records...Unfortunately, he died incompetent and no will (intestate)...There are no legal records. I live in KS...He lived in NY. He filed no taxes with the IRS, since 2003. My records began in 2007. What do I do if I do not have any financial records and there is a small estate connected to 2 mortgage notes?
Asked by unknown - Mon Mar 10 16:47:50 2008 - - 1 Answers - 0 Comments
A. It is hard to tell what may be due based on your narrative. He may owe income taxes and may not. As administrator you need to make sure everything is OK before you close the estate. I am an enrolled agent, a tax specialist licensed by the US Treasury Department to represent taxpayers (along with attorneys and CPAs) and specialize in clients who have substantial outstanding tax liabilities or long periods of failing to file returns--in other words, messes. If you would like some additional information outside this forum, you can send me email through my profile.
Answered by wartz - Mon Mar 10 18:10:30 2008
How long does it take to settle an estate?
Q. Does it take so long as a year to settle a family's estate? It's been a year and the executor of the estate has not sent the money to the rest of the family. Does it usually take this long? And does the executor of the estate have to tell everyone if they are taking their 20% for being the executor of the estate?
Asked by OneBrilliantMan - Fri May 14 07:25:41 2010 - - 4 Answers - 0 Comments
A. Years. Depending on the complexity of the case.
Answered by Jay - Fri May 14 09:29:53 2010
Q. Does it take so long as a year to settle a family's estate? It's been a year and the executor of the estate has not sent the money to the rest of the family. Does it usually take this long? And does the executor of the estate have to tell everyone if they are taking their 20% for being the executor of the estate?
Asked by OneBrilliantMan - Fri May 14 07:25:41 2010 - - 4 Answers - 0 Comments
A. Years. Depending on the complexity of the case.
Answered by Jay - Fri May 14 09:29:53 2010
How can I become a real estate agent in NC?
Q. 1. What do I need to do to become a real estate agent in Charlotte, NC? 2. What classes do I need to take? 3. Where can I study to become a real estate agent in Charlotte, NC? 4. What are the requirements? 5. Any other information I need to know about becoming a real estate agent?
Asked by Linda704 - Thu Sep 6 10:37:37 2007 - - 3 Answers - 2 Comments
A. Check with your local Howard, Perry & Walston school, or go to www.hpwreschool.com for all the info you are looking for. Good luck, it's hard but well worth it in the end.
Answered by Bonnie P - Thu Sep 6 11:35:54 2007
Q. 1. What do I need to do to become a real estate agent in Charlotte, NC? 2. What classes do I need to take? 3. Where can I study to become a real estate agent in Charlotte, NC? 4. What are the requirements? 5. Any other information I need to know about becoming a real estate agent?
Asked by Linda704 - Thu Sep 6 10:37:37 2007 - - 3 Answers - 2 Comments
A. Check with your local Howard, Perry & Walston school, or go to www.hpwreschool.com for all the info you are looking for. Good luck, it's hard but well worth it in the end.
Answered by Bonnie P - Thu Sep 6 11:35:54 2007
what is the difference between real estate and a estate agent?
Q. I know what an estate agent is, but Im not sure what real estate is and the jobs involved in that. Can someone explain?
Asked by Meriame - Wed Apr 14 10:18:25 2010 - - 2 Answers - 0 Comments
Q. I know what an estate agent is, but Im not sure what real estate is and the jobs involved in that. Can someone explain?
Asked by Meriame - Wed Apr 14 10:18:25 2010 - - 2 Answers - 0 Comments
How do you become a real estate underwriter? Or what is the best career choice in real estate?
Q. How do you become a real estate underwriter? Or what is the best career choice in real estate? As far as commission / salary?
Asked by Donald W - Tue Mar 24 01:59:12 2009 - - 1 Answers - 0 Comments
A.
Answered by Lucky Patel - Tue Mar 24 13:05:41 2009
Q. How do you become a real estate underwriter? Or what is the best career choice in real estate? As far as commission / salary?
Asked by Donald W - Tue Mar 24 01:59:12 2009 - - 1 Answers - 0 Comments
A.
Answered by Lucky Patel - Tue Mar 24 13:05:41 2009
What happens to an estate that is not settled after five years time when the party dies without a will?
Q. The party has several businesses, however business partners are attempting to push the family members out. The estate is still not settled five years later. Is it not a Texas law that if the estate is not settled, it all goes back to the family?
Asked by curiousgeorge - Tue Jul 8 09:17:58 2008 - - 1 Answers - 0 Comments
A. When a person dies without a will, the estate of the deceased will be distributed in accordance with Texas intestacy laws. It's not clear to me from your facts why the estate hasn't been distributed yet. The five year time span is absolutely irrelevant. If this is a real issue for you, you need to be discussing this with your attorney as opposed to relying on the advice of strangers here who do not have all of the facts of your case.
Answered by ron_mexico - Sat Jul 12 00:50:45 2008
Q. The party has several businesses, however business partners are attempting to push the family members out. The estate is still not settled five years later. Is it not a Texas law that if the estate is not settled, it all goes back to the family?
Asked by curiousgeorge - Tue Jul 8 09:17:58 2008 - - 1 Answers - 0 Comments
A. When a person dies without a will, the estate of the deceased will be distributed in accordance with Texas intestacy laws. It's not clear to me from your facts why the estate hasn't been distributed yet. The five year time span is absolutely irrelevant. If this is a real issue for you, you need to be discussing this with your attorney as opposed to relying on the advice of strangers here who do not have all of the facts of your case.
Answered by ron_mexico - Sat Jul 12 00:50:45 2008
How do I get started in real estate in the entry-level status?
Q. I am wanting to know how to jump head first into the real estate market and get my feet wet while still making money. I do not have any experience what so ever, just a real urge to get into this market! I want to take classes but, I really don't know what I need to take 1st and I want to start on my associates degree as a at-home work study but, I'm not sure what employers are looking for as far as education in the real estate world other than Business Admin. I hope there are some real estate guru's on here to help a sista out! Thank you in advance!
Asked by ladyvibe03 - Sun Oct 15 00:07:28 2006 - - 7 Answers - 1 Comments
A. If you are talking about selling real estate as an agent, then You can take real estate classes in college or you can go to a real estate school (this is what most agents and brokers do) you will have to take a licensing test from the state. If you are talking about investing, then there are REITs you can invest in through a stock broker, If you are talking about investing by flipping (buying and fixing then selling) you will need to learn about costs of materials, value of real estate in your area, subcontracting for plumbing etc and have time for equity labor. below is link to kaplan schools, one of the better real estate schools
Answered by smkwtrjck - Sun Oct 15 00:20:14 2006
Q. I am wanting to know how to jump head first into the real estate market and get my feet wet while still making money. I do not have any experience what so ever, just a real urge to get into this market! I want to take classes but, I really don't know what I need to take 1st and I want to start on my associates degree as a at-home work study but, I'm not sure what employers are looking for as far as education in the real estate world other than Business Admin. I hope there are some real estate guru's on here to help a sista out! Thank you in advance!
Asked by ladyvibe03 - Sun Oct 15 00:07:28 2006 - - 7 Answers - 1 Comments
A. If you are talking about selling real estate as an agent, then You can take real estate classes in college or you can go to a real estate school (this is what most agents and brokers do) you will have to take a licensing test from the state. If you are talking about investing, then there are REITs you can invest in through a stock broker, If you are talking about investing by flipping (buying and fixing then selling) you will need to learn about costs of materials, value of real estate in your area, subcontracting for plumbing etc and have time for equity labor. below is link to kaplan schools, one of the better real estate schools
Answered by smkwtrjck - Sun Oct 15 00:20:14 2006
I have a IRS lien filed against my Real Estate. How long do I have before the property is placed for auction?
Q. A lien was recently [July, 2007] placed by the IRS against a piece of Real Estate in New York that is owned by an Estate that I am the Executor of. How long do I have from the time the lien was placed by the IRS to the time that the IRS forces the property for sale or auction? If the property is forced for sale or auction by the IRS is there some type of redemption period that I have? The Estate does not want me to sell the Real Estate. The estate will be able to pay the IRS what it owes within three months. Do I have that much time before the property is placed to auction or sale?
Asked by FineArt1983 - Tue Aug 28 21:25:23 2007 - - 6 Answers - 0 Comments
A. The IRS will not always force a sale. but as executor of the estate, you are required to settle all debits before the probate court closes the estate; so unless you have cash to settle, you'll have more issues with the probate court for failure to fulfill your job as executor than the IRS. Sell If you contact the IRS and advise them you are closing out the estate and need 90 days to pay out the lien, they will gladly accept that.
Answered by wizjp - Tue Aug 28 21:33:06 2007
Q. A lien was recently [July, 2007] placed by the IRS against a piece of Real Estate in New York that is owned by an Estate that I am the Executor of. How long do I have from the time the lien was placed by the IRS to the time that the IRS forces the property for sale or auction? If the property is forced for sale or auction by the IRS is there some type of redemption period that I have? The Estate does not want me to sell the Real Estate. The estate will be able to pay the IRS what it owes within three months. Do I have that much time before the property is placed to auction or sale?
Asked by FineArt1983 - Tue Aug 28 21:25:23 2007 - - 6 Answers - 0 Comments
A. The IRS will not always force a sale. but as executor of the estate, you are required to settle all debits before the probate court closes the estate; so unless you have cash to settle, you'll have more issues with the probate court for failure to fulfill your job as executor than the IRS. Sell If you contact the IRS and advise them you are closing out the estate and need 90 days to pay out the lien, they will gladly accept that.
Answered by wizjp - Tue Aug 28 21:33:06 2007
How do I calculate estate & inheritance taxes for a life policy?
Q. I am putting a client in a $4Mil life insurance policy and its my first one. Do you know how I can calulate his estate and inheritance taxes? He owns about $1.5 Mill in real estate. Thank you.
Asked by dillan - Sat Feb 21 18:30:17 2009 - - 2 Answers - 0 Comments
A. It is my understanding that if the proceeds of a life insurance policy go directly to the beneficiary, then there is no Estate Tax since the proceeds are not part of the estate. There is also no Income Tax on the proceeds of an insurance policy. There would only be Estate Tax if the proceeds of the policy were paid directly into the estate thus becoming part of the estate's value. Only if the estate were valued at over $3.5 million in 2009 would there be an Estate Tax paid by the estate before the estate is disbursed. As to Inheritance Tax, each state is different and Inheritance Taxes are paid by the recipient of the Inheritance. Some states, like California, have no Inheritance Tax, while other states, like New Jersey do. However,… [cont.]
Answered by Jeanne R - Sun Feb 22 10:51:09 2009
Q. I am putting a client in a $4Mil life insurance policy and its my first one. Do you know how I can calulate his estate and inheritance taxes? He owns about $1.5 Mill in real estate. Thank you.
Asked by dillan - Sat Feb 21 18:30:17 2009 - - 2 Answers - 0 Comments
A. It is my understanding that if the proceeds of a life insurance policy go directly to the beneficiary, then there is no Estate Tax since the proceeds are not part of the estate. There is also no Income Tax on the proceeds of an insurance policy. There would only be Estate Tax if the proceeds of the policy were paid directly into the estate thus becoming part of the estate's value. Only if the estate were valued at over $3.5 million in 2009 would there be an Estate Tax paid by the estate before the estate is disbursed. As to Inheritance Tax, each state is different and Inheritance Taxes are paid by the recipient of the Inheritance. Some states, like California, have no Inheritance Tax, while other states, like New Jersey do. However,… [cont.]
Answered by Jeanne R - Sun Feb 22 10:51:09 2009
How hard is it to get into real estate? How do you become a certified real estate agent?
Q. I was interested in the real estate field. What steaps do i have to take to become a real estate agent?
Asked by startrak_06 - Tue Jul 15 19:43:22 2008 - - 7 Answers - 0 Comments
A. study and pass the state test
Answered by betotron don - Tue Jul 15 20:12:38 2008
Q. I was interested in the real estate field. What steaps do i have to take to become a real estate agent?
Asked by startrak_06 - Tue Jul 15 19:43:22 2008 - - 7 Answers - 0 Comments
A. study and pass the state test
Answered by betotron don - Tue Jul 15 20:12:38 2008
Does becoming a licensed real estate agent/broker before buying your home save you money?
Q. I am planning to buy a home around $700K in New York City. I'm wondering if I will save any money by becoming a licensed real estate agent/broker (I realize I have to take the test and pass) and then purchasing the home for myself. I would think that by doing this, I would save the broker commission that I would otherwise be paying another real estate agent/broker. Is this a valid assumption? Please provide any information about this. Thanks a lot.
Asked by eldhose98 - Mon Aug 17 11:38:19 2009 - - 4 Answers - 0 Comments
A. The last person that answered and said it is not possible to collect a commission if you are the principle is incorrect. They may want to check their source. I am an active real estate agent. I have bought 2 homes that were my primary residence in the last 7 years. Each time I represented myself as the buyer's real estate agent. Each time I deducted my commission from the price of the home because that is how I wanted to get paid. But I had the option to get paid the normal 3% as the buyer's agent and have that money go through my broker and their commission split to be taken out. So in order to avoid all that, most brokers allow their agents to have at least 1 personal transaction in order to benefit from it. Maybe things are… [cont.]
Answered by Ohno - Mon Aug 17 23:48:47 2009
Q. I am planning to buy a home around $700K in New York City. I'm wondering if I will save any money by becoming a licensed real estate agent/broker (I realize I have to take the test and pass) and then purchasing the home for myself. I would think that by doing this, I would save the broker commission that I would otherwise be paying another real estate agent/broker. Is this a valid assumption? Please provide any information about this. Thanks a lot.
Asked by eldhose98 - Mon Aug 17 11:38:19 2009 - - 4 Answers - 0 Comments
A. The last person that answered and said it is not possible to collect a commission if you are the principle is incorrect. They may want to check their source. I am an active real estate agent. I have bought 2 homes that were my primary residence in the last 7 years. Each time I represented myself as the buyer's real estate agent. Each time I deducted my commission from the price of the home because that is how I wanted to get paid. But I had the option to get paid the normal 3% as the buyer's agent and have that money go through my broker and their commission split to be taken out. So in order to avoid all that, most brokers allow their agents to have at least 1 personal transaction in order to benefit from it. Maybe things are… [cont.]
Answered by Ohno - Mon Aug 17 23:48:47 2009
Which rel estate company is the best to work for to mow yards?
Q. I was wondering which rel estate company is best to work with in south carolina to mow yards for? Does anyone know of commercial properties in sc that are looking for bids and people to do landscaping for them?
Asked by Bob Simons - Fri Apr 24 20:33:37 2009 - - 1 Answers - 0 Comments
A. A great part time job is doing Free Surveys Online. Its a Fast, Easy and simple way to make extra money. check this blog for info and Proof of Payments
Answered by Kristen - Fri Apr 24 20:36:52 2009
Q. I was wondering which rel estate company is best to work with in south carolina to mow yards for? Does anyone know of commercial properties in sc that are looking for bids and people to do landscaping for them?
Asked by Bob Simons - Fri Apr 24 20:33:37 2009 - - 1 Answers - 0 Comments
A. A great part time job is doing Free Surveys Online. Its a Fast, Easy and simple way to make extra money. check this blog for info and Proof of Payments
Answered by Kristen - Fri Apr 24 20:36:52 2009
How do I get in the commercial real estate industry?
Q. I am 22 years old and looking to get in the commercial real estate industry, preferably the leasing aspect. What would be fundamentally required for a person as young as me to be even considered for a job in a large commercial real estate firm? Considering I have a real estate agents license, what else would be needed or would interest a company in hiring someone so young? In other words, how can I get my foot in such an industry, thus giving me a chance to work my way up?
Asked by Tosin o - Sun Aug 19 18:17:42 2007 - - 3 Answers - 1 Comments
A. You did not volunteer where you are but I am betting 95% of the commercial offices in any city will welcome you. Make sure you are studying business and esp commercial real estate during your spare time. If you are in AZ, I will hire you immediately. Remember, there is a HUGE difference between working for a "company" as an employee and a real estate office where you are a 100% commissioned agent.
Answered by kemperk - Sun Aug 19 18:32:00 2007
Q. I am 22 years old and looking to get in the commercial real estate industry, preferably the leasing aspect. What would be fundamentally required for a person as young as me to be even considered for a job in a large commercial real estate firm? Considering I have a real estate agents license, what else would be needed or would interest a company in hiring someone so young? In other words, how can I get my foot in such an industry, thus giving me a chance to work my way up?
Asked by Tosin o - Sun Aug 19 18:17:42 2007 - - 3 Answers - 1 Comments
A. You did not volunteer where you are but I am betting 95% of the commercial offices in any city will welcome you. Make sure you are studying business and esp commercial real estate during your spare time. If you are in AZ, I will hire you immediately. Remember, there is a HUGE difference between working for a "company" as an employee and a real estate office where you are a 100% commissioned agent.
Answered by kemperk - Sun Aug 19 18:32:00 2007
Do Australian Real Estate Agents have the ability to cross reference a potential tenants previous addresses?
Q. For example, if a person listed three previous addresses with one Real Estate Agency, and the Real Estate Agency calls the previous listed Real Estate Agencies, (to check if they were a good tenant etc) can they also cross reference the listed addresses on the application? Is there like a national database or something where Real Estate Agents can see your rental living history? (Sorry if this question doesn't make much sense).
Asked by canberra.kitten - Sat Oct 10 03:19:58 2009 - - 3 Answers - 0 Comments
A. do you mean you are applying for a rental property, and your wondering if the agent your applying with will cross reference where you previously lived with agents who you previously rented with? the answer is yes agents can get a reference from your old agent to see if you paid your rent on time, if you were behind ect. hope this is what you were looking for :)
Answered by daniiela - Mon Oct 12 07:26:35 2009
Q. For example, if a person listed three previous addresses with one Real Estate Agency, and the Real Estate Agency calls the previous listed Real Estate Agencies, (to check if they were a good tenant etc) can they also cross reference the listed addresses on the application? Is there like a national database or something where Real Estate Agents can see your rental living history? (Sorry if this question doesn't make much sense).
Asked by canberra.kitten - Sat Oct 10 03:19:58 2009 - - 3 Answers - 0 Comments
A. do you mean you are applying for a rental property, and your wondering if the agent your applying with will cross reference where you previously lived with agents who you previously rented with? the answer is yes agents can get a reference from your old agent to see if you paid your rent on time, if you were behind ect. hope this is what you were looking for :)
Answered by daniiela - Mon Oct 12 07:26:35 2009
How do real estate people seem to be so safe in showing homes to strangers?
Q. You see so many pretty real estate women, but it's rare to hear of crimes against them even though they walk strangers through homes alone. I'm going to guess that they get identification of people via their license, but is that enough or do they use other methods too? I kind of doubt that all of them are carrying guns. I hear you Lord, but how many fake IDs are out there too? Wow, Janet.. Michigan?
Asked by itsjunglepat - Sun Dec 27 08:24:09 2009 - - 7 Answers - 0 Comments
A. Rapists and murderers seldom make appointments and give identification to the colleagues and company of their intended victim.
Answered by Lord Fitzrovia - Sun Dec 27 08:27:26 2009
Q. You see so many pretty real estate women, but it's rare to hear of crimes against them even though they walk strangers through homes alone. I'm going to guess that they get identification of people via their license, but is that enough or do they use other methods too? I kind of doubt that all of them are carrying guns. I hear you Lord, but how many fake IDs are out there too? Wow, Janet.. Michigan?
Asked by itsjunglepat - Sun Dec 27 08:24:09 2009 - - 7 Answers - 0 Comments
A. Rapists and murderers seldom make appointments and give identification to the colleagues and company of their intended victim.
Answered by Lord Fitzrovia - Sun Dec 27 08:27:26 2009
What is the difference between Real Estate tax and regular tax on a house?
Q. Why is the real estate tax higher? Why do I have to pay real estate tax? I'm inheriting my grandmothers house. Is there any reason why I can't pay regular tax? What are the laws about this in Manatee county, FL? Sources?
Asked by Skywarn storm spotter MAN-477A - Fri Mar 5 17:22:28 2010 - - 3 Answers - 0 Comments
A. What are you talking about? Each county assesses property taxes based on the value of the property, if that's what you mean by real estate taxes. What could you possibly be referring to when you say regular tax? Do a little research; if you are inheriting this house, there must be an executor of the estate who can explain it to you.
Answered by Realtyyoudefine - Fri Mar 5 17:32:05 2010
Q. Why is the real estate tax higher? Why do I have to pay real estate tax? I'm inheriting my grandmothers house. Is there any reason why I can't pay regular tax? What are the laws about this in Manatee county, FL? Sources?
Asked by Skywarn storm spotter MAN-477A - Fri Mar 5 17:22:28 2010 - - 3 Answers - 0 Comments
A. What are you talking about? Each county assesses property taxes based on the value of the property, if that's what you mean by real estate taxes. What could you possibly be referring to when you say regular tax? Do a little research; if you are inheriting this house, there must be an executor of the estate who can explain it to you.
Answered by Realtyyoudefine - Fri Mar 5 17:32:05 2010
How is Real Estate market in Hyderabad and which are the reputed ventures?
Q. I am looking forward to buy property in Hyderabad, hence want to collect some real estate market information.
Asked by Sabha Khan - Tue Mar 9 05:43:53 2010 - - 2 Answers - 0 Comments
A. Hyderabad is a potential real estate market with a range of property investment opportunities. Builders and developers in India have noticed Hyderabad as a major real estate ground. Being a major IT hub of India, Hyderabad is witnessing emergence of numerous integrated townships, corporate office complexes, IT Parks, Business Technology Parks, shopping and leisure zones etc. There are many ventures in Hyderabad but only few of them are successful. SMR Holdings Pvt Ltd is a good real estate developer firm in Hyderabad and Bangalore. They have many completed and upcoming projects with quality construction. SMR Holdings is a very successful group in South India for commercial and residential development.
Answered by Sreela Rao - Tue Mar 9 06:00:14 2010
Q. I am looking forward to buy property in Hyderabad, hence want to collect some real estate market information.
Asked by Sabha Khan - Tue Mar 9 05:43:53 2010 - - 2 Answers - 0 Comments
A. Hyderabad is a potential real estate market with a range of property investment opportunities. Builders and developers in India have noticed Hyderabad as a major real estate ground. Being a major IT hub of India, Hyderabad is witnessing emergence of numerous integrated townships, corporate office complexes, IT Parks, Business Technology Parks, shopping and leisure zones etc. There are many ventures in Hyderabad but only few of them are successful. SMR Holdings Pvt Ltd is a good real estate developer firm in Hyderabad and Bangalore. They have many completed and upcoming projects with quality construction. SMR Holdings is a very successful group in South India for commercial and residential development.
Answered by Sreela Rao - Tue Mar 9 06:00:14 2010
What was the Estate tax rate and exemption during the Reagan administration?
Q. No one like taxes since we should choose what we do with our money but I am wondering about what were the estate tax rates and exemptions during the Ronald Reagan Administration. If you can do a quick COLA to today (3.5 Million) that would help. Thanks
Asked by Rank Enrolled Agent - Mon Jun 15 20:06:21 2009 - - 1 Answers - 0 Comments
A. Thus the tax reform bill passed in July 1981 was the single most important piece of legislation to emerge from Reagan's first term. That sweeping tax cut slashed federal income tax rates, for taxpayers in every income bracket, by 25% over a three-year period. From Shmoop
Answered by augie6_1 - Tue Jun 16 08:47:40 2009
Q. No one like taxes since we should choose what we do with our money but I am wondering about what were the estate tax rates and exemptions during the Ronald Reagan Administration. If you can do a quick COLA to today (3.5 Million) that would help. Thanks
Asked by Rank Enrolled Agent - Mon Jun 15 20:06:21 2009 - - 1 Answers - 0 Comments
A. Thus the tax reform bill passed in July 1981 was the single most important piece of legislation to emerge from Reagan's first term. That sweeping tax cut slashed federal income tax rates, for taxpayers in every income bracket, by 25% over a three-year period. From Shmoop
Answered by augie6_1 - Tue Jun 16 08:47:40 2009
How much estate taxes have to be paid on an estate valuing approximately $1,040,000?
Q. I live in NC and my parents' estate (who lived in NY) is valued at a little over a million. How much estate taxes could I be hit with? Thanks for any help. I'm sorry - I should have added that the date of death was November of 2006. We had a lawyer that messed up on the estate matter and now have another lawyer handling the estate and telling us that we may have to pay a lot in taxes. Thanks again.
Asked by Dragica - Sat Feb 9 19:54:16 2008 - - 4 Answers - 0 Comments
A. There won't be any Federal estate tax. The estate is well below the value of the Federal exemption.
Answered by Bostonian In MO - Sat Feb 9 20:01:50 2008
Q. I live in NC and my parents' estate (who lived in NY) is valued at a little over a million. How much estate taxes could I be hit with? Thanks for any help. I'm sorry - I should have added that the date of death was November of 2006. We had a lawyer that messed up on the estate matter and now have another lawyer handling the estate and telling us that we may have to pay a lot in taxes. Thanks again.
Asked by Dragica - Sat Feb 9 19:54:16 2008 - - 4 Answers - 0 Comments
A. There won't be any Federal estate tax. The estate is well below the value of the Federal exemption.
Answered by Bostonian In MO - Sat Feb 9 20:01:50 2008
How much commision do commercial real estate agent make and do they make more then residenyial agents?
Q. At first i was thinking of becoming a residential real estate agent but then, someone told me about commercial real estate and i was wondering would that be a better career choice and does it work the same as residential. If so, that would be major commision on a $40 million building and that would be a better route i would love to take.
Asked by nickhinkle - Wed Jan 2 15:38:22 2008 - - 2 Answers - 0 Comments
A. My father is a commercial real estate broker and he has definetly made a very successful living off of it. I dont know exactly how much comission he makes, but I have heard he has made 4 million before on one building, I dont know if that is the highest he has made on one building though. He has sold 70 million dollar buildings before. It definetly makes you much more than residential real estate. And the market doesnt get bad for commercial. It is a better market and a smarter choice.
Answered by shoptilidrop - Wed Jan 2 15:48:03 2008
Q. At first i was thinking of becoming a residential real estate agent but then, someone told me about commercial real estate and i was wondering would that be a better career choice and does it work the same as residential. If so, that would be major commision on a $40 million building and that would be a better route i would love to take.
Asked by nickhinkle - Wed Jan 2 15:38:22 2008 - - 2 Answers - 0 Comments
A. My father is a commercial real estate broker and he has definetly made a very successful living off of it. I dont know exactly how much comission he makes, but I have heard he has made 4 million before on one building, I dont know if that is the highest he has made on one building though. He has sold 70 million dollar buildings before. It definetly makes you much more than residential real estate. And the market doesnt get bad for commercial. It is a better market and a smarter choice.
Answered by shoptilidrop - Wed Jan 2 15:48:03 2008
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Wed, 28 Jul 2010 15:32:35 GMT+00:00
increases by 25 million pounds Sify Royal accounts have shown that the value of the private estate of Britain's Queen Elizabeth has increased by 25 million pounds. "With a prudent approach to ... Value of Queen's private estate increases by 25m BBC News Queen's estate enjoys 25m boost The Press Association Duchy of Lancaster reports solid results Property Week News The Guardian
allworldcars.com
614px x 1024px | 147.90kB
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or this http allworldcars com wordpress wp content uploads 2007 08 renault clio estate jpg
biblemoneymatters.com
Peter Anderson
Fri, 23 Jul 2010 12:00:53 GM
There are two things that are sure in life - death and taxes. And when you die, those two things could intersect. If your . estate. is worth $1 million dollars.
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