Estate Tax-Federal Estate Tax

David Z asked:


I have a building with a store and two apartments. The real estate tax is over $7,000/yr, when my income is only $13,000/yr. So I am losing money with expenses totaling $15,000/yr. One of the apartment is rent control at $400 per month

Mason Paywa

somekidwhoplaysstarcraft asked:


I think its very unfair to get hit by death tax.
If your parents worked their **** off to save money (pay the right taxes,etc), why are we taxed again for money that was taxed before?
I wouldn’t mind if the rate wasn’t so huge but why is it near 50%? I heard most countries have started getting rid of it, U.S should too.

Is there a chance for estate tax to get erased out of U.S?

Alisha Orzell

Gary asked:


I am looking for information regarding purchasing delinquent property taxes in Texas. I believe that law firms represent the counties to conduct the tax sales. I am interested to purchase and placed liens on homeowners. Also is it true that 25% penalty can be charged? I welcome all serious answers. Thanks.

Erwin Soldow

Willis W asked:


Also, what is the tax rate on remainder of estate after exemption taken.

Len Yetter