When on a month to month contract how many days of notice are to be given?
Answers: 30
each state has some differences, but moreover its a 30 notice on a 30day month to month rental agreement.
If you rent by the week, its 7days
Most states it is at least 30 days (some may require more depending on how long you have occupied your current address)
More importantly, that is 30 days on or before the start of the next monthly rental period NOT 30 days from when you give notice. So if your rent is due on the 1st, you must give notice on or before the 1st to terminate at the end of the month.
For example if your rent was due Jan 1 and you gave notice today, you are legally obligated to the end of Feb, not just until Feb 17
Does an executor hold a fiduciary duty to trade securities if they are losing open market meaning during probate?
Is this a grey area?Answers: It’s commonly best to simply leave stocks and bonds surrounded by the deceased person’s entitle until you transfer them to the folks who inherit them. You probably won’t be managing the assets for more than a few months, anyway. Especially if the deceased entity was a credibly conservative and knowledgeable investor, don’t verbs about small each day ups and downs in importance – after all, your are of late sticking with the lifeless person’s plan.
If, however, the portfolio contains volatile stocks, you will want to sell them and put the proceeds contained by the estate bank explanation or into very risk-free investments, such as government bonds or insured wall accounts. Common sense should tell you that investing surrounded by small businesses or most individual stocks is too risky.
Your state’s law, within fact, may restrict you to parliament bonds or to accounts insured by the FDIC. Pennsylvania executors, for example, can invest estate funds only within certain bonds and insured sandbank accounts.
If you receive dividend checks or checks for interest on bonds, deposit them into the estate bank information.
I would say it is grey.
Suppose the executor sold the securitiies and consequently they turned around the next week and agined within value? Securities budge up and down every day.
You would obligation to speak with an attorney, but I infer they would be OK to hold.
If I bought a house in 1998 for $150,000 and sold it in 2007 for 250,000 how much gain will I have to report.?
Answers: Nothing if it was your primary residence. 100k if it was an investment property.
on 100k and after you deduct all the costs of improvments, your tax is figure on 10% of 25% of the gain.
see your accountant for particulars.
$0.00
In most cases, you can make tax-free profits of $250,000 (single) or $500,000 (married, filing jointly) every time you sell a home.
This assumes the home is a primary residence and not an investment property.
None, if it was your primary residence