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How do real estate business make their money?
In some cases, real estate agents are employed by, and paid a salary by, their broker.
How much does a real estate investors make?
Real estate investors are paid per deal, and depend upon the cost of the transaction. The average salary for commercial real estate is $50,000 above.
Is real property considered part of an estate?
Yes. An estate is comprised of all real and personal property owned by a living person or by a decedent at the time of death. Estate planning is all about how to pass along one's "estate" to the next generation with the least amount of taxes having to be paid.
Are the real estate commissions split between the buyer and seller?
Normally the real estate agent's commission is paid by the Seller. In over 20 years of experience I have never heard of the buyer being expected to pay real estate commissions.
Who does a real estate worker work for?
A real estate worker who is not a real estate agent can work for themselves and be a subcontractor or work for a real estate office(broker) and work directly for the owner. The difference will be how this individual pays taxes and gets paid. So there is a difference in your worker relationship. This is established when you are hired.
What are some of the highest paid virtual assistant jobs?
The highest paid virtual assistant job is for accounting, they can make around 50,000 a year. The next highest paid are real estate, executive support, editing, and medical transcriptionist.
What a Executive of a estate?
An executor (not executive) is the person who has the authority to administer the decedent's estate. He/She is appointed by a court with probate jurisdiction. He/She is usually appointed in the decedent's Will.
What doctor bills have to be paid by the estate?
Any debts owed by the decedent must be paid by the estate.
Should a claim against a will be paid from estate funds?
That is what the estate funds are for. If the claim is legitimate, it needs to be paid.
What is meant by paid to estate on insurance claims?
The amount due was paid to the legal representative of the estate of the person who died.
What if you have no will and you want to appoint someone executive of estate?
Write a will! That is the way to appoint someone executor of the estate.
Describe the three estates of France Who paid the taxes?
The Catholic Clergy were the First Estate and were tax exempt. The Nobles made up the Second Estate and paid no taxes. Everyone else was in the Third Estate and paid all of the taxes.
If an independent executive of an estate is paid 6300 dollars does she have to pay taxes on that?
It isn't an inheritance. It is a payment for services rendered. Just like anyone else getting paid for work. (If she actually is a lawyer or accountant, or as administor she hired one, would you have any question if those payments were income to the recepient?) Taxable. I believe the estate she was managing needs to provide a 1099 too.
Do you pay estate taxes on property left to you?
Generally the taxes are paid by the estate.
Can debt collectors make a beneficiary pay the decedents debts?
The creditors can file a claim against the estate and the debts of the decedent must be paid by the estate before any assets can be paid over to the beneficiaries of the estate. If there are no assets in the estate the creditors are out of luck. You should consult with an attorney or other advocate before you pay any debts of the decedent.The creditors can file a claim against the estate and the debts of the decedent must be paid by the estate before any assets can be paid over to the beneficiaries of the estate. If there are no assets in the estate the creditors are out of luck. You should consult with an attorney or other advocate before you pay any debts of the decedent.The creditors can file a claim against the estate and the debts of the decedent must be paid by the estate before any assets can be paid over to the beneficiaries of the estate. If there are no assets in the estate the creditors are out of luck. You should consult with an attorney or other advocate before you pay any debts of the decedent.The creditors can file a claim against the estate and the debts of the decedent must be paid by the estate before any assets can be paid over to the beneficiaries of the estate. If there are no assets in the estate the creditors are out of luck. You should consult with an attorney or other advocate before you pay any debts of the decedent.
Can you be reimbursed for property taxes from estate?
If the property is in the estate, the estate is responsible for them. You are entitled to be reimbursed if you have paid them for the estate. Submit your claim to the executor.
What part of the estate is charged for a exceutor fee?
The estate is a single entity. There are no 'parts' to an estate, the bill is paid from the assets.
