Estate Tax-Federal Estate Tax

tzimi asked:


Im specificly looking to find the following:

1. Year property was purchased
2. Value of property at time of purchase and current value.
3. Whose name is on the title?
4. If possible any refinancing on the property

Monica

roylafuente1 asked:


Any tax benefits for foreigners (Americans) to invest in CR real-estate? I think there’s no capital gain tax. Any other benefits?
Thanks

John Kubert

bubupigjun asked:


take an example: the company is an LLC(in NY), and constructs condominiums which will be sold after it’s done. If the company uses cash method for accounting, how to report the tax if it has a gain? or loss? in which form? any publications referral? thanks!

Noelia Boehning

benavidezfam asked:


i spent money like real estate fees and insurance for my car,gas,food,and supplies for open houses.also alot of computer supplies for fliers and business.

Cecille Teo

lovehim asked:


where can i find the amount on the 1040 form?

Lacy Buda

DJE609 asked:


…. in exchange for my accounting and tax services? I was thinking that a partnership could save cash flow if a partner was capable of doing these professional services. I’m a CPA and am exploring the possibility of doing the professional services for a partnership interest.

Warren Leclare

KacheewyBoo asked:


My dad’s house/estate have a $100,000 tax lien against them, he’s been dead for over a year and the estate has been out of probate for 7 months. Can they still collect a lien on the estate since it’s been closed for 7 months? I know that after 6 months, debitors can’t collect on the estate once it is out of probate.

Sarah Riise

blah1234 asked:


Checking the Nevada tax office website recently it appears that there is a sales or ‘use’ tax where real estate is concerned. I dont fully understand this – what ‘use’ tax or sales tax would there be for the purchase of property? If this property was bought to rent out to tenants is there any such sales or use tax on the property purchase or rental income?many thanks!

Gil Carideo

maddie asked:


what information do I need to file for a real estate tax abatement

Tommy Meyer

steve.fanelli@sbcglobal.net asked:


From what I’ve found out, it is possible to purchase property for the back taxes that are owed, but unpaid. I would like information on how to find these properties and how to purchase them. I think there’s an auction. Do I have to attend the auction in person, or is it possible to purchase online, like on ebay? I live in the central area of California (Fresno). Is the procedure different for different areas of the state or country? Is there a website where I can go to obtain more information on this subject for my area? Any information you can provide would greatly help. Thank you.

Michael