Finance

Have finance questions? Ask a financial expert online.

Connect one-on-one with {0} who will answer your question

Related Finance Questions
We have a real estate closing scheduled for tomorrow morning
Hi. We have a real estate closing scheduled for tomorrow morning selling our two-family investment property. My sister, my Mom (who we just moved into an assisted living facility for alzheimer's) my F… read more
TaxRobin
TaxRobin
Senior Advisor
Vocational, Technical or Trade School
21,901 satisfied customers
I am an owner of a duplex that I live in. My girlfriend will
I am an owner of a duplex that I live in.My girlfriend will be selling a property she uses as a rental. That she lived in four years prior to renting for last ten.I am wondering if I or we can form so… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,909 satisfied customers
Life Esate / Capital Gains question. Single family home
Life Esate / Capital Gains question JA: What are the assets or property for this capital gain? Customer: Single family home JA: Anything else you want the Accountant to know before I connect you? Cust… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,909 satisfied customers
Rental Income apportionment by agreement: My wife and her
Rental Income apportionment by agreement: My wife and her sister will co-own a piece of inherited plot of land that will be rented out annually in foreign country. My wife would like to forego any sha… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,909 satisfied customers
The following question requires expertise in Form 3530 and
The following question requires expertise in Form 3530 and Foreign Inheritance from parent).Hi,My wife's mother (a Turkey resident and citizen) passed away in 2016. She left money and variety of prope… read more
TaxRobin
TaxRobin
Senior Advisor
Vocational, Technical or Trade School
21,901 satisfied customers
We are selling my mother's house in Ohio, she passed away in
we are selling my mother's house in Ohio, she passed away in January. My father, who died in 2014 and his wife lived in West Virginia. They put a lien on the house for minor repairs several years ago.… read more
TaxRobin
TaxRobin
Senior Advisor
Vocational, Technical or Trade School
21,901 satisfied customers
I have a question about rental depreciation of inherited
I have a question about rental depreciation of inherited property that was transferred midyear and how to treat the income prior to deed transfer. The property is foreign property. My wife inherited a… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
16,641 satisfied customers
Second opinion] I am an only child and my mom is single - If
Second opinion] I am an only child and my mom is single - If she were to quitclaim deed her house to me, I'm assuming I would take on her cost basis in the house. If that is the case, I fairly confide… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,909 satisfied customers
I am an only child and my mom is single - If she were to
I am an only child and my mom is single - If she were to quitclaim deed her house to me, I'm assuming I would take on her cost basis in the house. If that is the case, I fairly confident that her cost… read more
TaxRobin
TaxRobin
Senior Advisor
Vocational, Technical or Trade School
21,901 satisfied customers
My mother passed away and had a brokerage account with a
My mother passed away and had a brokerage account with a financial firm. She indicated on her paperwork that the money was to be split 50/50 between me and my sister. I wanted to give $32,000 from my … read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
4,282 satisfied customers
My mother recently died . She had 2 property's. One, the
My mother recently died . She had 2 property's. One, the house they lived in , was totally left to my sister ,ML, who lived with my mother. My brother, CZ, also lives with my sister in same house. A s… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
2,224 satisfied customers
my mother inherited a house from my aunt. She then transferred
my mother inherited a house from my aunt. She then transferred it through a quit claim deed to my sister. If that considered a gift subject to gift tax? My sister sold the house. What is her basis?… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
7,260 satisfied customers
My mother just passed away and in her will she left her house
My mother just passed away and in her will she left her house worth about $100,000. to me and my sister. she lives in the home and wants to purchase my half from me. What is the best way to do this an… read more
USTaxAdvising
USTaxAdvising
Partner
Bachelor's Degree
1,099 satisfied customers
Im the owner of a life insurance policy on my mother. In
I'm the owner of a life insurance policy on my mother. In the event of her death, is there any way for me to give my sister and brother money without any tax consequences for them?… read more
financeguru2
financeguru2
Master's Degree
38 satisfied customers
for Eric: (please dont answer otherwise, I really want his
for Eric: (please don't answer otherwise, I really want his expertise in Real Estate, thanks!) Eric, my parents are going to lend my sister $155,000 cash for a new home. She has a foreclosure and cann… read more
Eric
Eric
Financial Analyst / Trader
Bachelor's Degree
799 satisfied customers
Mom executed a deeded trust to me for her home and property
Mom executed a deeded trust to me for her home and property while she was in a nursing home (2 years) prior to her death. She had free use of her property while she was living and was able to continue… read more
taxmanrog
taxmanrog
Master's Degree
1,801 satisfied customers
QUESTION A PARENT SOLD PROPERTY TO HER SON IN 2001 ON AN INSTALLMENT
QUESTION A PARENT SOLD PROPERTY TO HER SON IN 2001 ON AN INSTALLMENT SALE BASIS SALE PRICE 150,000 , MTG REC 150,000 6 % 20YR GROSS PROFIT % 92% PARENT HAS BEEN REPORTING ANNUAL CAPITAL GAINS ON GP% A… read more
R. Klein, EA
R. Klein, EA
Accountant
Master's Degree
490 satisfied customers
My mother is 90 years old and my sister has moved into her
My mother is 90 years old and my sister has moved into her house. Would it be better for us if my mother gave the house to us before she died. Also would it be better for her to give the house to my s… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,909 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Rakhi Vasavada

Rakhi Vasavada

Financial and Legal Consultant

2,614 satisfied customers

Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years

Megan C

Megan C

Certified Public Accountant (CPA)

2,224 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

Manal Elkhoshkhany

Manal Elkhoshkhany

Tutor

1,975 satisfied customers

More than 5000 online tutoring sessions.

JKCPA

JKCPA

CPA

844 satisfied customers

Bachelors degree and CPA with Accounting experience.

R. Klein, EA

R. Klein, EA

Accountant

490 satisfied customers

TurboTax Expert. QuickBooks Certified Pro Advisor

Dave CPA

Dave CPA

Accountant

231 satisfied customers

I'm a CPA with over 10 years of experience

ConceptsCoach

ConceptsCoach

Certified Public Accountant (CPA)

171 satisfied customers

Chartered Accountant and MBA

< Previous | Next >

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x