Estate Tax-Federal Estate Tax

Princess1988 asked:


used in services and I want to give all my money to my descendants so they will never have to work. Also I find it ironic that if libs have their way and let gays marry the only people that will have to pay the death tax are parents passing their money to their children unless you allow them to marry also.
married people don’t have to pay the estate tax that would mean you could give all of your money to you *** spouse tax free but not your own child

Walter

Johnnyboy asked:


I heard I dont have to pay taxes on it as long as it was sold for less than 1 million dollars…..anyone know? Im a Florida citizen.

Sherril Pellegren

burlingtony asked:


, library tax, school taxes, trash collection ….. This is on a 200k single home with an 85 by 200 ft lot. I know the taxes in many areas may be cheaper but ….. including everything ….. what are the taxes you pay on your property …. in your state ???

Latoyia Watley

ineedanswers asked:


can i use any appraiser

Thaddeus Ulanski

Birthday Persinowitz! asked:


People into thinking this was a tax on everyone than a tax on the wealthy. The tax started at $2.6 million or more.
As an attorney I can tell you that none of them end up paying 50%
Ron D: e-mail me!!

Gerardo Wilczewski

David W asked:


My condo is like 850 square feet. Is this possible? I mean it comes out to around 435 a month. I am thinking of selling when my tax abatement is up and moving to different state. Can anyone tell me what is their real estate tax for their property for the year. Thank you. Maybe they made a mistake with mine.

Carmelita Steffan

svelte_steve asked:


for example, i buy a condo for $130,000, and sell it for $180,000;do i pay the 15% on the $180k, or on $50k?

Nigel Councilman

YY asked:


If my home value increased for more than $250K, how can also save tax for the additional increased value at the selling time? I’m single.

Morgan Imdieke

Dave C asked:


Here is my situation: real estate tax for home, $3000, doing tax return with taxcut

I entered real estate tax in Form 8829 for business use of my home, it deducts $300 in business expense for the 10% use of home business on Schedule C.

when I am upto the real estate tax in deductions, should I enter $2700 as my real estate tax?

I am confusing since I see this in taxcut:
What about real estate tax that I entered for my business?
If you already entered real estate taxes in the Your Own Business (Schedule C) topics, don’t enter those same taxes again here.

thanks any helps.

Curt Fondriest

robbievic asked:


I’ve read in other questions about Capital gains tax in primary real estate home but how about investment property….Many home are bank owned and I’m interested in getting a home & fixing it to sell. I know how todays market is and it won’t be a turnover like in 2005. My question is what are the tax implications for a project that I want to do?

Anette Fostervold