Estate Tax-Federal Estate Tax

nodoubt2002002 asked:


My father signed over his interest in a building in Los Angeles to me in 2002. He passed away early 2003. A tax lien in his name for taxes on another building was placed on the title of the house I took control of in late 2003. Now I’m trying to sell and after first being told by a lawyer friend (about 8 months ago) that I wouldn’t be liable because the liability was attached to my father, my realtor is telling me that I am liable. The amount is substantial, so I would be eternally grateful for any advice or help.

Jacquelin Tankxley

Melissa R asked:


If so is it claimed under real estate taxes or personal property taxes? Im confused?

Randal Isaacson

john t asked:


if not , how do i calculate the tax on my gain

Guillermo Burton

Juergen B asked:


For resident aliens there is no spousal exemption in the estate tax.
So what impact has that on us, with an estate of $1 Mill.

Rossie Weitzel

Don’t Tease the Panther asked:


…$1.3 trillion over the first ten years? True or False: This shows they are concerned with the millions of unemployed(5 people looking for every 1 job), and that they want to decrease the public debt?
The estate tax only applies to situations in which the estate is in the multimillions.

Keila Woods

chitownlifer asked:


I was divorced in Oct 2009 and need to know what options I have for filing status. My ex has nothing to write off. I have mortgage interest and real estate taxes to write off. We both worked full time jobs last year. Should I file married or single and file a seperate return or should I file married and file a joint return?
I have 1 child from a prior marriage whom lives with me.

Burt Mccarn

BabyFace asked:


Her estate was less than $1,000,000.

Craig Armon

misstiff asked:


If someone doesn’t pay their property tax, then the city will place a lien on their home, until they pay. If they still don’t pay the city will put it up for sale, just for the price of their property tax bill that they owe. Is this true, if so, is it also true that anyone can buy it? Where do you find out about these sales?

Samuel Wannamaker

Kim asked:


I googled my new bf and found his name on some list that is called Delinquent Real Estate Tax Notice and it lists the value and tax. What the heck is this? Thanks.

Anne

mrsbonniebeaver asked:


will it cost me ? what is it for is it a good thing?when i put his last SSI ck in the estate account the lawyer said i needed after being bonded, so now i got a fed tax # explain please

Lauran Ogley