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14y ago

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Is a lien the same as a claim?

A lien is a claim against the value of property, such as a house or a car. The property cannot legally be sold or transferred without settling the lien.


What does it mean when you file a claim for the dimished value of your automoblie?

A car that has been in an accident, even though it is repaired, looses value. A claim for diminished value is a claim for that lost value.


What if someone sold you a car without the title then told you the car under bankruptcy?

i have a person who sold me a car under bankrupcty, and i need the title . gow can i tell if its still under or not?


Can you claim car donations in your taxes?

Yes, you can claim your car donation on your taxes. You can only claim the fair market value or the blue book value of the vehical but it must be donated to a bonafide charity.


Can I claim a tax deduction by donating a used car to charity?

You can claim the estimated value of the car if you have donated it to charity.


What can you claim on your taxes for a donated car?

You can claim the charitable donation amount for the value of the car. The charity should provide a receipt with this amount listed.


Is a car sold as is in Tennessee covered under any type of warranty?

Not if you signed a bill of sale where it states the car is being sold as is


You want to buy a used car that originally sold for 8994.00 and has depreciated by 30 percent What is the current value of the car?

Current value is 6295.80.


Is there a tax on my car donation?

There is a tax DEDUCTION for car donations. The IRS allows you to claim a tax deduction of the value of your vehicle up to $500


How do I write off a salvation army car donation?

A few years ago you used to be able to write off the full amount of the Kelly Blue Book value of the car you donated. But since lawmakers have tightened up the laws you can now only claim what the car sold for by the donated company. If the Salvation Army strictly donates the car as a gift and doesn't sell it you will need to contact them to find out the amount you can claim on your taxes.


How can one claim a deduction for a car donated to charity?

A person can claim a deduction for a car donated to charity depending on whether the car was auctioned off or given to a needy person. If the car was auctioned, the deduction can only be the amount the car was auctioned for. If the car was given to a needy person for no cost, you can claim a deduction for the fair market value of the car.


Will a subwoofer ad value to my car?

Typically, subwoofers add absolutely no value to a car, but they can be sold separately for 20-40% of the original retail price.