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Taxes on most personal property are seldom collected because of the problem of valuation?
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∙ 10y ago
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∙ 10y ago
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Why are income taxes collected?
Because the Government needs money.
If your mother lives on your property and pays your taxes on agreement can they claim homesteading and possess the property?
No because you own the property and you would be the that one that should be paying the property taxes.
Is property and equipment credit or debit?
property and equipment should be debited if they increases because both are assets
What is share valuation?
Share valuation is the process of defining in rational way how much the security is Worthy calculating the monetary value of the security. There are various methods of calculating security value but present value method is the proper and best ways of calculating security valuation. Because it recognize the time value of money one thousand shillings received today is worth more than one thousand received tomorrow. S.Nkanto
How do you value common stock?
They are relative to the valuation of the company and the shares issued by the company. So for example if company has 2 million common shares and the valuation of a company is 4 million dollars then each common share is worth $2. Usually valuation of company occurs upon financing and that can vary, based on how well can you sell part or all your company, so for example if you are inquiring financing of $400,000 of the company at pre-money valuation of $4 million, that means that the post money valuation is $4.4 million, you can then either issue more shares for the same pirce of $2 per share or sell some of your own for $2.2 a share, because share prices is calculated post money. However when you do get financing, most investors would rather you issue preferred shares for the same price, because they will get more privileges with the preferred shares.
Should I declare my mobile home as real property or personal property?
The mobile phone should be declared as a personal property and not a real .property. This is because a mobile phone has a small shelf life.
Is a fence real or personal property?
A fence is real property because it is permanently affixed to the land.
You stored your personal property at a friend's house. Can they sell it?
NO. . because it is your property. . they can sell it only if you say so. .
Why is graffitti bad for the environment?
Because it defaces private or personal property - which does not belong to the tagger.
In Oklahoma is a 99 year old lease treated as real property or personal property?
Real property is the land and anything attached to it. A lease is a contract that gives the lessee the right to the use and possession of real property for a certain time period. The lessee cannot convey the land because it doesn't own it in fee. A lease is less than a fee interest and is treated as personal property.
If a friend said you could leave your personal property in his shed indefinitely in California and His girlfriend took your property Who is responsible?
Your friend is responsible, because you trusted him to keep it safe for you, and he let you down.
Is a cemetery niche for cremains personal or real property?
Cemetery property is defined as personal property, this is because you dont pay real estate taxes on it and your "deed" as it may be called is for only one use, an interment right (the right to place cremated human remains) inside of it. If it was real property your rights of use would be hinged with an ownership and you would be responsible for at least a portion of the property tax associated with the parcel.
Can a 16 year old in Michigan legally own personal property?
No because you are not legally an adult. You may be able to if you get an adult to cosign
What happened to the rest on Anne's property?
As done to most people being taken away by the German army, Anne's things were taken. Valuables were collected and the remaining items separated for others to claim as their own. The diary was saved only because it was on the floor and collected before everything was removed.
Why is money not collected during synagogue services judaism?
Money Is Not Collected Because It Is Disrespectful :( .
Why is your relative denying possession of a personal property you lent him?
Because either you are mistaken or he is a thief. Figure out which one it is and come back with another question.
Can animals be chattel?
Yes. Black's Law Dictionary 9th Ed: "Chattel - Movable or transferable personal property; esp., a physical object capable of manual delivery and not the subject of real property . . . "Chattels are either personal or real, Personal, may be so called in two respects: One, because they belong immediately to the person of a Man, as a Bow, Horse, ect.""
