Archive for November, 2008

What happened to the estate tax repeal?

Sunday, November 30th, 2008

Tommy asked: I know that the house passed a full repeal of the estate tax, and that the senate was 3 votes short. They watered it down to a repeal up to a limit but then the rest was taxed at the capital gains rate or something like that, along with a miniumum wage [...]

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Are my parent’s liable for the gift/estate tax?

Wednesday, November 19th, 2008

andychou asked: My parents and I are all US Citizens but we maintain dual citizenship in another country. They have a foreign account from which they would like to gift me a large sum of money in order to purchase a home. This money was never earned in the US. Are they liable for the [...]

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How can I invest in real estate tax liens?

Monday, November 17th, 2008

andersonorganization asked: I’ve heard tax liens can yield 16% py? Does anyone know how to get started in this investment vehicle? Do I have to go down to my city hall and find real estate records?
Is this something only an accredited investor can invest in?
Any information would be helpful.Michael Jordan

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Why would Warren Buffett, Bill Gates, Etc want an estate tax?

Wednesday, November 5th, 2008

hubbabubba MAX asked: How would an estate tax benefit the worlds richest men? I don’t get it…Alia Jach

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Does anyone know about a new real estate tax that becomes effective on January 1st?

Saturday, November 1st, 2008

programmer_va asked: I heard someone talk about it. I don’t know if it’s just in Virginia or what. I think it’s called grand key or grand tour or something like that. Does anyone know about it or where I could find more information? Thanks!Denis Tinkey

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