Archive for April 30th, 2011
April 30th, 2011 | 
Author: 
WannaHug? asked:
doesn’t that include almost all of us?
doesn’t that include almost all of us?
sales taxes
payroll taxes
real estate taxes
tax credits
dividend taxes…don’t we all own stocks in pensions?
estate taxes
small business taxes
capital gains taxes
consumption taxes
excises
retirement taxes
Long Whittington
Posted in 
Tags: 
hartkopf55 asked:
We finally closed my mother’s estate and need to have the deed to the house put in my name. I need to have my 2 siblings sign quit claim deeds. This form I understand. I am a reasonably intelligent person, but find myself confused by the form RP-5217 Real Property Transfer Report and the form TP-584 Real Estate Transfer Tax Return. Does anyone have experience with these? I have downloaded instructions for both, but “legalese” is not my second language. The way I read these, I have to pay big bucks just to transfer the name from my Mother’s to mine.
More details…no money was exchanged between myself and siblings. Am I paying tax on the value of the house or do I put $0 for sales price, or do I need this form at all?
Fatimah Wida
We finally closed my mother’s estate and need to have the deed to the house put in my name. I need to have my 2 siblings sign quit claim deeds. This form I understand. I am a reasonably intelligent person, but find myself confused by the form RP-5217 Real Property Transfer Report and the form TP-584 Real Estate Transfer Tax Return. Does anyone have experience with these? I have downloaded instructions for both, but “legalese” is not my second language. The way I read these, I have to pay big bucks just to transfer the name from my Mother’s to mine.
More details…no money was exchanged between myself and siblings. Am I paying tax on the value of the house or do I put $0 for sales price, or do I need this form at all?
Fatimah Wida