Estate Tax-Federal Estate Tax

h asked: i filed chap 7 for 2 houses going to foreclose… my lawyer didn’t include real estate tax from counties… i did hearing already and waiting for results. lawyer said don’t worry about paying that tax… i left a vm asking if he can amend bk ppwk. what should i do to prevent the [...]

Jagan N asked: What if the deveoper is from some other state? The developer might execute the contstruction thru some contractors. In that case, what is the applicability of WCT and Service Tax for himself and for the contractors??Keisha Wince

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planet_guru asked: Say your aunt molly dies, her estate is valued and the IHT is paid. If you receive say £1000 from what’s left of that estate, are you then obliged to pay income tax, or capital gains on that sum?Suzanna Dadson

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david c asked: the republicans in congress voted against increasing homeland secuirty to check every cargo bag and funding for protecting chemical plants and other dangerous targets. instead they voted for the estate tax which only benefis the top 1%.
republicans are more worried about the rich getting more money then national security.
to randman-i beleive in [...]

K.Ro asked: It will be my first time claiming my home as rental real estate when I do my 2009 taxes. I will be using Schedule E. I know I need to bring records of expenses and also what I’ve profited from rent, but what other documents do I need to have ready [...]

John L asked: If i was to draw a salary from the LLC, I would have to pay 15% social security tax. But, if the income from my real estate (rental income) is simply an owner’s draw, would I still have to pay for the social security tax? I want to move my properties under [...]

ron j asked: just wondering….especially if you will never ever see that kind of money in your life.Nichelle Dorris

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I love shopping! asked: i think my landlord over charge me in harlem nycLonny Campolongo

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NoNickname asked: Here’s the details - - real estate agent buys a residence. He/she pays for repairs and improves the property. Then he/she sells it for a gain/profit.
Tax implications? Isn’t there a rule out there regarding an real estate professional conducting a “business” in which he/she flips houses. Hope my details [...]

Here4u asked: I am trying to buy a house. I have good credit but I have not filed my taxes in a couple of years. Will this affect my ability to get a loan?Pearlie Tinin

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