InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,907.21
(
0.62%
)
US TECH 100
20,068.40
(
1.04%
)
Dow Jones
43,502.75
(
0.13%
)
Brent Oil
72.98
(
3.22%
)
Bitcoin
92,131.69
(
2.52%
)
Post# of 585
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

cintrix

Send PM Follow Ignore
Followers 365
Posts 114095
Boards Moderated 5
Alias Born 12/28/2000

cintrix

Member Level

Re: None

Sunday, 08/30/2009 8:57:26 PM

Sunday, August 30, 2009 8:57:26 PM

Post# of 585
How does taxing work in a Life Estate situation? A house that was once owned by a person is put in a Life Estate - the elderly person's name, and three of her children. The house gets rented. Who is supposed to report the income? The person who the Life Estate is named for or the children, or all four?
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up