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Q: Is capital gain tax in USA is exempted on capital gains on real estate sale which is invested in India in certain bonds for three years by which capital gains tax in India is exempted?
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What are executor's fees in Ontario?

An estate executor is a person who executes a deceased person's will and disposes off his estate as per the guidelines of the will. He has many duties and Ontario law allows an executor to charge for his services. The amount of fees depends on the magnitude of the estate and extent of duties to be performed by the executor. Generally fee is charged according to the following guidelines. 1. 2.5 percent of the total value of capital receipts of the Estate, 2. 2.5 percent of the total capital disbursements of the Estate, 3. 2.5 percent of the total revenue receipts of the Estate, 4. 2.5 percent of the total of revenue disbursements of the Estate or 5. Annual fee of 2/5 of 1 percent of the average annual market value of the capital of the Estate.


Who is responsible to pay taxes and capital expenses when there is a life estate on a property?

The fee owner unless those issues are set forth in the document that created the life estate.


Do you have to pay capital gains taxes on an inherited property that was sold and inheritance taxes were already paid on the estate?

On the amount the property went up in value from the value used in calculating the estate tax


Can you use capital loss to offset dividend income?

ANSWER No capital loss can only be used to reduce any capital gain, and even in then there are rules. You can not use capital gain to offset against ordinary income. NB: Personal use capital loss can not be offset against any capital gain, losses on collectibles can only be offset against other collectibles capital gain and all "other" capital loss e.g. dividends, shares, real estate can be offset against "other" capital gain.


What is the amount capital in variety store?

The amount of capital necessary to open a variety store depends on a several factors. Real estate can be the biggest outlay, and one must also consider what and how much they want to stock. The required capital could be as little as a few hundred thousand up to $2 million.

Related questions

Who paid more taxes third estate or 1st estate?

No, they did not. They were exempted from paying taxes. Only the 3rd estate (the bourgeoisie) had to pay taxes.


What are the second estates privileges?

The first estate was the class of clergymen. The first estate was exempted from all taxes except for an optional tax payment once every 5 years. They also had the right to be represented and run for office in the first estate of the estates-general, the french parliament, when it was called into session by the king.


Who bought Michael Jackson's Neverland Ranch?

It's split between Colony Capital LLC and Michael's estate.


Who benefits from capital improvements made during a life estate?

The legal owner does. The person who originally granted the life estate.


If an estate has been in probate eleven years and is now being disbursed can a beneficiary collect interest?

Any interest that was earned from the estate over that time will be included in the payout. The trustees will have invested the money and the interest accumulated.


What is the full form of MRC in the real estate business?

The full form of MRC is Madison Realty Capital in the real estate business.


Do probate attorneys protect the interest of the heirs?

Yes, by making certain the estate is settle properly according to the provisions in the Will and the state laws regarding estates.Yes, by making certain the estate is settle properly according to the provisions in the Will and the state laws regarding estates.Yes, by making certain the estate is settle properly according to the provisions in the Will and the state laws regarding estates.Yes, by making certain the estate is settle properly according to the provisions in the Will and the state laws regarding estates.


Is there capital gains tax on selling a house left in an estate?

Yes this is possible.


Can you change attorneys after the estate has entered probate?

Yes. However, you will need to settle your bill with the first attorney for any time she has invested in the file so far.


How do you make millions in real estate?

Buy one of our land developement flips in CA we know real estate. Thanks Carmel Valley Capital.


What are some Real Estate courses?

There are many courses available in the market in the different different country. Real Estate course teaches students to the tools they needed in real estate development, construction, and finance.


What are executor's fees in Ontario?

An estate executor is a person who executes a deceased person's will and disposes off his estate as per the guidelines of the will. He has many duties and Ontario law allows an executor to charge for his services. The amount of fees depends on the magnitude of the estate and extent of duties to be performed by the executor. Generally fee is charged according to the following guidelines. 1. 2.5 percent of the total value of capital receipts of the Estate, 2. 2.5 percent of the total capital disbursements of the Estate, 3. 2.5 percent of the total revenue receipts of the Estate, 4. 2.5 percent of the total of revenue disbursements of the Estate or 5. Annual fee of 2/5 of 1 percent of the average annual market value of the capital of the Estate.