Not exact matches
This discussion
also does not consider any specific facts or circumstances that may
be relevant
to holders
subject to special rules under the U.S. federal income
tax laws, including, without limitation, certain former citizens or long - term residents of the United States, partnerships or other pass - through entities, real
estate investment trusts, regulated investment companies, «controlled foreign corporations,» «passive foreign investment companies,» corporations that accumulate earnings
to avoid U.S. federal income
tax, banks, financial institutions, investment funds, insurance companies, brokers, dealers or traders in securities, commodities or currencies,
tax - exempt organizations,
tax - qualified retirement plans, persons
subject to the alternative minimum
tax, persons that own, or have owned, actually or constructively, more than 5 % of our common stock and persons holding our common stock as part of a hedging or conversion transaction or straddle, or a constructive sale, or other risk reduction strategy.
If you own property in Florida or some other sunshine state, upon your death it will
also be subject to U.S.
estate tax if the value of your worldwide
estate totals more than $ 2 million (U.S.).
Profits made from the sale of real
estate are also subject to a capital gains
tax.
Just like
tax free exchanges of «like kind» real
estate under section 1031 of the I.R.S. Code and other exchanges of life insurance under section 1035, annuities may
also be exchanged without taxation
subject to some very important rules.
On death, a taxpayer will pay Canadian
tax on any accrued gain on the US asset and will
also be subject to US
estate tax on the full value of the asset.
Foreign shareholders may
also be subject to U.S.
estate taxes with respect
to shares in a fund.
Foreign shareholders may
also be subject to U.S.
estate taxes with respect
to shares in the fund.
However, when these assets
are passed
to your heirs (other than your surviving spouse), they
are subject to federal income
tax and may
also be subject to federal
estate tax (depending upon the value of your
estate) as well as various state income, inheritance and
estate taxes.
In most cases, term life insurance
is not
subject to Federal income
tax, state income
tax, or
estate / inheritance
taxes, and because it lacks the whole cash value of a permanent policy
is also generally not
subject to capital gains
tax.
* ROI * - Return On Investment * RTO * - Rent
to Own * SFH * - Single Family House * SFR * - Single Family Residence * Sub2 * - Buying property
subject to existing financing * T / B * - Tenant Buyer * TAA * - Texas Apartment Association * TAR * - Texas Association of Realtors * TIL * - Truth In Lending * TREC * - Texas Real
Estate Commission * UBIT * - Unrelated Business Income
Tax * UCC * - Uniform Commercial Code * VA * - Department of Veterans Affairs / Veterans Administration FORUM ABBREVIATIONS * AFAIK * - As Far As I Know * AFK * - Away From Keyboard * AKA * -
Also Known As * BBIAM * -
Be Back In a Minute * BFN * - Bye For Now * BRB * -
Be Right Back * BTW * - By The Way * CUL * - See You Later * FYI * - For Your Information * G2G * - Got
to Go * IMHO * - In My Humble Opinion * IMO * - In My Opinion * LMAO * - Laughing My *** Off * LOL * - Laughing Out Loud * NT * - No Text * ROFL * - Rolling on the Floor Laughing * ROTFLMAO * - Rolling on the Floor Laughing My *** Off * TIA * - Thanks In Advance