Archive for the 'United States' Category

What are deductibles for the capital gains tax for buying real estate? My out of trips?gatrips, motels?

Tuesday, September 7th, 2010

leatherelectric2000 asked: We bought land in VT and just sold it. Can we deduct the travel expenses to attend the closings, i.e., mileage, motels, ???Victor

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How much tax should I be paying?

Sunday, September 5th, 2010

Super Mom asked: Supposing someone makes $100K a year and has about $25K in qualifying deductions (mortage interest and real estate taxes), how much total federal taxes should be taken out per year?
Married individual with one child, spouse doesn’t work.
Thanks!Gearldine Beanblossom

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new jersey estate tax?

Saturday, September 4th, 2010

LuLu asked: I’m trying to search the records to make sure a deceased relative taxes are paidMarcia

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If the estate tax is 1 million dollars per year, what percentage of estates will likely be affected?

Saturday, September 4th, 2010

Dharma bums asked: I know that millionaires are around the the 90th percentile in America, but wealth tends to increase as people age, and people tend to die old. So: if the estate tax is 1 million dollars per year, what percentage of estates will likely be affected? I know this takes a little number-crunching, [...]

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will they take my house for over due real estate tax?

Thursday, September 2nd, 2010

mel2006sweets asked: Does anyone know how many years or how much they will let real estate tax add up before they want to seize you property? Its been a hard year………I’m trying to get back on my feet.Jenna

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Time Sensitive Real Estate / Tax Question?

Monday, August 30th, 2010

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 [...]

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Can I claim my property and school taxes on my income tax this year ?

Sunday, August 29th, 2010

Melissa R asked: If so is it claimed under real estate taxes or personal property taxes? Im confused?Randal Isaacson

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is there any way to avoid capital gains tax on real estate?

Sunday, August 29th, 2010

john t asked: if not , how do i calculate the tax on my gainGuillermo Burton

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As resident aliens do we have to be concerned about estatetax when our estate is about $ 1 Mill?

Saturday, August 28th, 2010

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

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How should I file my Fed tax return?

Saturday, August 28th, 2010

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 [...]

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