Estate Tax-Federal Estate Tax

Marco asked:


Scenario: Sister Claudia in California purchased a home at $330,000 and gives title to sister Isabella AFTER 2 years. Sister Isabella then refinances home at 429,000, but now decides she wants to sell the same home at 490,000. What is Isabella’s Tax Liability if any?

Arron Serban

OwlMan98 asked:


So, I paid my home’s 2008 real estate tax bill in January 2009. Can I claim the real estate taxes I paid in my itemized deductions for tax year 2008?

Carmine Poser

Steve asked:


Im a distributor of products that their clientelle could really use and I wanna know the best time to approach and converse for a few quick minuets. As a matter of to any tax preparers out their feel free to paruse my webstite. www.vrtmg.com/RColenburg

Bruno Kinyon

Jeffrey S asked:


If you are in foreclosure and it is not final, can you claim the real estate and insurance premium deductions on your income tax? The bank is paying the taxes and insurance in my name still. I don’t believe the bank can claim it, so who gets the deduction?

Augusta Fatheree

jeepwesternhorse asked:


I thought we where only supposed te be taxed once for a purchase, Not once a year. I live in Vermont and they can only tax you when you lease a car and if you decide to buy it they cannot charge you tax on it again. Yet they charge you a tax each year on real estate.

Burton Lapointe

Sandy S asked:


I want to know all the ins and outs – details

Derek Carretta

m22k20009 asked:


If a US citizen sells Real Estate Abroad, what are the US Tax implications? 1040 required to be filed?

Tracey Mcgurl

Dee asked:


What is the total amount of revenue the government will lose if they eliminate the estate tax? If they increase the minimum wage to $7.15, what is the total amount of revenue dispensed to the American worker? Which amount is greater?

Brice Leeds

ricksliss asked:


I inherited land(in wv) from my grandmother, how do I calculate the inheritance tax I have to pay on it?

Stuart

Joe W asked:


how can i find real estate tax sales in columbus ohio

Karren Khairallah