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What else can I help you with?
Do you have to pay capital gains tax on your deceased fathers house when you sell?
Do you have to pay taxes on deceased mother's house when it sells
Taxes on property when other owner dies?
If taxes are delinquent, the county could put a lien on the property of a deceased individuals and sell it. If the property of the deceased person is up to date on tax payments, the house may be given to beneficiaries or listed by a realtor.
If the owner on the summons for foreclosure of tax lien is deceased will the heirs have to pay the delinquent municipal taxes?
If the heirs want to keep the real estate they must probate the estate and pay the taxes. If the taxes aren't paid the town will take possession of the property and sell it.
Are there place to get financial help for deliquent property taxes if person whose name on deed is deceased?
No. The owner of the property must pay the delinquent taxes. If the owner has died the estate must be probated in order for the heirs at law to acquire legal title. The town can take possession of the property and sell if for delinquent property taxes. The debt grows the longer the taxes remain unpaid. If you want to keep the property you should pay the taxes ASAP.
What taxes do you pay when purchasing a house?
When purchasing a house, you may need to pay property taxes, transfer taxes, and possibly capital gains taxes if you sell the house for a profit.
How do you sale a car when owner is deceased?
Only the administrator of the estate, or any person the car was willed to can sell the car.
Can i visit my deceased dad's house I am the naked owner and my stepmother has usafrux?
I am guessing that your dad's house is in Louisiana. I would suggest that you contact a probate attorney for a full explanation. Usufruct means that your stepmother has the right to use and enjoy the home until she is deceased. However, she cannot sell it. When she dies, you will have full rights to the home.
How do you sell a car from a deceased relative?
An action like that must be handled by the estate. If the deceased has left a will and named an executor, the executor must handle the disposal of any property. If no will was left, the courts will determine what happens to the property.
What happen if the owner of a house died and it is not paid yet?
sell the house and get another one
Do you pay tax on sale of deceased mothers house?
That depends on a couple things: what taxes do you mean? estate or property taxes? Most states have property taxes, which must be paid regardless of the status of the owner. In 2010, the estate tax was repealed. So, no taxes should be due on the home to transfer it to your mother's heir(s). IRAs in an estate would be handled differently, since the income is tax deferred. Complicating things slightly: if you inherited the house but didn't sell it immediately, you would have to pay a capital gains tax on the increase in the value of the house. Your "basis" in the house would be its value at the time you inherited it; you subtract that from what you sold it for, and pay tax on the difference. If you inherited it 15 years ago, that could be substantial.
How do I sell a house when the other owner does not want to?
What is your motivation to sell the owner's home? What is your relationship to the seller? Are you a family member or a licensed real estate agent?
How can you sell a house that you and your brother bought and he is a fugitive?
The only way to sell a house is for all the owners to sign a deed that transfers ownership to a new owner.
