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16% but I don't know if it is a flat-rate or if it is graduated.
What was the rate in 2010?
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∙ 13y ago
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In new york state when does life estate expire?
In New York State, a life estate expires upon the death of the life tenant. The property will then typically revert back to the remainderman or the owner of the future interest as specified in the life estate arrangement.
What is legal age to be an executor of an estate in New York State?
In New York State, the legal age to be an executor of an estate is 18 years old. Any adult over the age of 18 can serve as an executor to manage and distribute the assets of an estate according to the deceased's wishes.
Can you get a real estate license in New York with a felony conviction?
In New York, having a felony conviction does not automatically disqualify you from obtaining a real estate license. Each application is reviewed on a case-by-case basis, considering factors like the nature of the conviction and its relevance to the real estate profession. It's recommended to disclose any convictions upfront and seek advice from the New York Department of State for guidance on the application process.
What is the sales tax for Suffolk County Long Island New York?
The sales tax rate for Suffolk County, Long Island, New York is 8.625%. This rate comprises the state sales tax rate of 4%, the Suffolk County rate of 4.25%, and the Metropolitan Commuter Transportation District (MCTD) surcharge of 0.375%.
How long can you live in a new state without changing residency?
The amount of time you can live in a new state without changing residency varies depending on the state. Generally, it's typically around 30 days to 6 months before you're considered a resident and may need to update your residency status for tax and other legal purposes.
What is the most common foundation in New York state in real estate?
As per the my point of view Real Estate Board of New York is the most common real estate foundation in New York state.
In new york state when does life estate expire?
In New York State, a life estate expires upon the death of the life tenant. The property will then typically revert back to the remainderman or the owner of the future interest as specified in the life estate arrangement.
Where can i find a List of real estate brokers in new york?
If you want to have a list of real estate brokers in your area in New York, you can actually ask for a list from the New York State real estate department and have a list of licensed real estate brokers in the area.
What is legal age to be an executor of an estate in New York State?
In New York State, the legal age to be an executor of an estate is 18 years old. Any adult over the age of 18 can serve as an executor to manage and distribute the assets of an estate according to the deceased's wishes.
How does New York State determine estate tax?
New York State determines estate tax by multiplying the property's taxable assessment minus any exemptions by the tax rates for school districts and municipality.
What is the sales tax rate for New York?
New York cities and counties add additional rates on top of the state rate (4% at the time of this post). To get the latest rate for the state and cities, check out 'Sources and related links' below.
What does a New York State Real Estate Deed look like?
show me what deed like
What are the current inheritance taxes in new york?
New York does have an estate tax. They do not have an inheritance tax. It would be a good idea to consult a probate attorney in the Empire State of NY. They will know how to reduce the tax liabilities of the estate.
What is the sales tax rate for Niagara County New York State?
8.0%
What is new york state sales tax rate?
It varies by city in NY.
When was Real Estate Board of New York created?
Real Estate Board of New York was created in 1896.
What rate is the sales tax on auto repair labor in New York State?
9.
