manadonga Posted June 13, 2022 Report Share Posted June 13, 2022 Illu konalisinde bhayya ee year 1 1 Quote Link to comment Share on other sites More sharing options...
Ravi860 Posted June 13, 2022 Report Share Posted June 13, 2022 1 minute ago, manadonga said: Illu konalisinde bhayya ee year "starting lo" Quote Link to comment Share on other sites More sharing options...
HugoStrange Posted June 13, 2022 Report Share Posted June 13, 2022 46 minutes ago, veerigadu said: But why pay if you can avoid it. PA is one of the 3 or 4 states in the whole country that has inheritance tax fundaaa. Capital gains is even applicable in vomerica. However for long term investments the capital gains tax is less. Unless you liquidate you will not pay capital gains tax too. There are some loopholes in it. 55 minutes ago, bharathicement said: I think we do not need to worry about Inheritance Tax, we need to worry about Capital Gains Tax (not sure whats similiar thing in USA). In the UK, when you sell your property, you need to pay Capital Gains Tax on the price difference (profit) you gained from the time you purchased the house. Inheritance tax is fine as anyway the house price will go up after some 20-30 years and our kids should not worry too much about that 10% Inheritance tax, in my opinion. Actually if its ur primary residence and u lived there 2 out of last 5 years, then there is no tax upto 500k. 1 Quote Link to comment Share on other sites More sharing options...
All_is_well Posted June 13, 2022 Report Share Posted June 13, 2022 1 hour ago, veerigadu said: Yevadddd Zillow estimate prices ki konattaleeee. Owners are counting flies in their empty homes. Buyers are not even scheduling tours antaaa Not sure about other states. @Anta Assamey laaaa undhii NC same issue. Builders are giving incentives but still counting flies.. Quote Link to comment Share on other sites More sharing options...
TrishaManiac Posted June 13, 2022 Report Share Posted June 13, 2022 Ok thatha @veerigadu Quote Link to comment Share on other sites More sharing options...
veerigadu Posted June 14, 2022 Author Report Share Posted June 14, 2022 3 hours ago, HugoStrange said: Actually if its ur primary residence and u lived there 2 out of last 5 years, then there is no tax upto 500k. I never heard this. Please share a link bro. I don’t think it’s true atleast in PA standpoint Quote Link to comment Share on other sites More sharing options...
HugoStrange Posted June 14, 2022 Report Share Posted June 14, 2022 1 hour ago, veerigadu said: I never heard this. Please share a link bro. I don’t think it’s true atleast in PA standpoint Capital gains only Fed tax kada bro. https://www.nerdwallet.com/article/taxes/selling-home-capital-gains-tax u can ask ur realtor too, they will confirm Quote Link to comment Share on other sites More sharing options...
pakeer_saab Posted June 14, 2022 Report Share Posted June 14, 2022 6 hours ago, veerigadu said: Yevadddd Zillow estimate prices ki konattaleeee. Owners are counting flies in their empty homes. Buyers are not even scheduling tours antaaa Not sure about other states. @Anta Assamey laaaa undhii nuvvu yappies ee ga Quote Link to comment Share on other sites More sharing options...
sarvayogi Posted June 14, 2022 Report Share Posted June 14, 2022 big real estate demand is in hawaii anta..akkada oka tellodu uccha posina illu undi anta.. ppl are going over 100k bidding to buy that house...tellodi uccha lo anta power undani andaru flower avutunnaru anta mee mohal manda..mee real estate prediction and analysis lu tagaleyya...mooskuni EMI lu kattandi ra battebaaz gallara Quote Link to comment Share on other sites More sharing options...
Thokkalee Posted June 14, 2022 Report Share Posted June 14, 2022 Dallas la prime areas lo demand bagane undi… non demand areas lo rates thaggistunnaru… people are going into wait and watch mode now… 6% interest rate anta 🤦♂️ Quote Link to comment Share on other sites More sharing options...
megadheera Posted June 14, 2022 Report Share Posted June 14, 2022 9 hours ago, veerigadu said: PA lo illu koneee vallu anthaaa flowers yeee bro. They have close to 10% inheritance tax. It’s a chiiiitttt show if owner passes unexpectedly Why do you worry about inheritance tax. Both wife and husband will be on the title. Idharu pothe that’s different issue Quote Link to comment Share on other sites More sharing options...
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