If the estate tax is 1 million dollars per year, what percentage of estates will likely be affected?

by admin ~ September 4th, 2010
estate tax
Dharma bums asked:


I know that millionaires are around the the 90th percentile in America, but wealth tends to increase as people age, and people tend to die old. So: if the estate tax is 1 million dollars per year, what percentage of estates will likely be affected? I know this takes a little number-crunching, but I think this number is crucial to the discussion, and I haven’t been able to find it anywhere. Good sourcing isn’t necessary, but I’ll appreciate it greatly.

Brent Dolman
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To the real estate professionals. Do you expect house prices to drop after november and the tax credit expires?

by admin ~ September 3rd, 2010
estate tax
Nick W asked:


I’m looking to see your forecast on what will happen to prices. There are a lot of houses on the market and I picture them to drop quite a bit. Any percentage amount you’re predicting?

Omar Louris
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How did Ted Kennedy (The “Liberal Lion”) and the kennedy clan manage to avoid the estate tax all these years?

by admin ~ September 2nd, 2010
estate tax
che_obama asked:


I always felt it was hypocritical of him to claim that the rich don’t pay their fair share. Is there any question that he didn’t benefit directly from the same tax loopholes publicly railed against?

Henry Charlesworth
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Would I be able to claim Last years Mortgage interest and real estate taxes?

by admin ~ September 2nd, 2010
estate tax
paleta28 asked:


My home loan is under my mothers name but I pay the mortgage which gets automatically deducted from my account every two weeks. She didnt claim the mortgage interest and real estate taxes for last year for the house…no one did…would I be able to do an amended form and claim last years taxes?

Donny Omer
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will they take my house for over due real estate tax?

by admin ~ September 2nd, 2010
estate tax
mel2006sweets asked:


Does anyone know how many years or how much they will let real estate tax add up before they want to seize you property? Its been a hard year………I’m trying to get back on my feet.

Jenna
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Isn’t the estate tax really ROBBING THE DEAD?

by admin ~ September 1st, 2010
estate tax
Lttlehrse asked:


Tax a man EVERY DAY of his life, then you pick his pockets after he’s dead?

Lana Bachmann
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Time Sensitive Real Estate / Tax Question?

by admin ~ August 30th, 2010
estate tax
nodoubt2002002 asked:


My father signed over his interest in a building in Los Angeles to me in 2002. He passed away early 2003. A tax lien in his name for taxes on another building was placed on the title of the house I took control of in late 2003. Now I’m trying to sell and after first being told by a lawyer friend (about 8 months ago) that I wouldn’t be liable because the liability was attached to my father, my realtor is telling me that I am liable. The amount is substantial, so I would be eternally grateful for any advice or help.

Jacquelin Tankxley
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Can I claim my property and school taxes on my income tax this year ?

by admin ~ August 29th, 2010
estate tax
Melissa R asked:


If so is it claimed under real estate taxes or personal property taxes? Im confused?

Randal Isaacson
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is there any way to avoid capital gains tax on real estate?

by admin ~ August 29th, 2010
estate tax
john t asked:


if not , how do i calculate the tax on my gain

Guillermo Burton
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As resident aliens do we have to be concerned about estatetax when our estate is about $ 1 Mill?

by admin ~ August 28th, 2010
estate tax
Juergen B asked:


For resident aliens there is no spousal exemption in the estate tax.
So what impact has that on us, with an estate of $1 Mill.

Rossie Weitzel
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