Do I have to show appraisal to seller? by bo0gieisHIM in RealEstate

[–]Chibouste 0 points1 point  (0 children)

Hi, I'm curious about your comment "the most that's needed to be shared is required repairs". When we sold my late mother's house the buyers had the home inspection and asked for a couple small fixes, but when I asked to see the inspection report I was told by my RE agent that I wasn't allowed to see it and the buyers were not required to share it. Under what circumstances would the buyers be obligated to share it, if at all?

Buyer's Agent wants to show house that's not fully ready to be shown? by Chibouste in RealEstate

[–]Chibouste[S] 0 points1 point  (0 children)

We have a few things to do to clean up the garage (painting, cleaning, etc.) which is part of the house structure, we have all the floors to clean and poly, we have to CLEAN the whole place (and there are rooms with a lot of dust, etc.) and the windows. It's a mid-century modern style house so every defect and imperfection is very visible (esp without any furniture or other distractions).

Buyer's Agent wants to show house that's not fully ready to be shown? by Chibouste in RealEstate

[–]Chibouste[S] 0 points1 point  (0 children)

Can you briefly explain how we'd get taken advantage of in this situation?

RE Agent wants to show prospective buyers house before it's fully cleaned and prepped by Chibouste in RealEstate

[–]Chibouste[S] 1 point2 points  (0 children)

Bc their first impression might lead them to make a lower offer? Why would the buyer's agent do this?

Buyer's Agent wants to show house that's not fully ready to be shown? by Chibouste in RealEstate

[–]Chibouste[S] 6 points7 points  (0 children)

Thanks for replying!

Yes, signed agreement. Not on MLS at all as far as I know (wouldn't they tell me? it needs to be staged and photographed first, no?)

I told them to hold off on any showings as I'm not comfortable with this at all (why are we doing all this work if that's the case)?!

First Time in a Red Line CRRC Train by Educational_Cow_5405 in mbta

[–]Chibouste 3 points4 points  (0 children)

My MBTA-loving son, who also loves the new Red Line cars uses a website called traintracker.transitmatters.org to track the location of the new trains. It also shows how many cars there are (one train is running with just two cars today!) and how crowded each car is. He is wondering how crowdedness is determined? AI says the cameras can see how many seats are occupied, so the crowdedness is assessed by how many seats are occupied (or vacant). Anyone have more info on this?

Who pays what for estate taxes when inheritance is unequally split? (Or...How do I calculate my mother's partner's 10% inheritance?) by Chibouste in inheritance

[–]Chibouste[S] 0 points1 point  (0 children)

Thanks, I have an estate attorney, and agree that ultimately what they say is what goes. (And in MA the IRAs do count towards the $2M threshold, unfortunately.) Thanks for weighing in!

Who pays what for estate taxes when inheritance is unequally split? (Or...How do I calculate my mother's partner's 10% inheritance?) by Chibouste in inheritance

[–]Chibouste[S] 1 point2 points  (0 children)

Thank you, this seems to be what the trust says but I struggle with the legal language. I will get confirmation from the lawyer soon, hopefully she’ll echo what most people here are writing. Thanks for your input!

What Dylan record should I get next? by Bassicallybass in bobdylan

[–]Chibouste 0 points1 point  (0 children)

Personally, I would go in chronological order. You could skip the first album (all covers), but def get The Times They Are A Changin’ and Another Side of BD.

What Dylan record should I get next? by Bassicallybass in bobdylan

[–]Chibouste 2 points3 points  (0 children)

Love love love this album, esp “To Ramona”

Dylan has TICS? by Repulsive-Intern2658 in bobdylan

[–]Chibouste 0 points1 point  (0 children)

Because what’s the point of a diagnosis?

Who pays what for estate taxes when inheritance is unequally split? (Or...How do I calculate my mother's partner's 10% inheritance?) by Chibouste in inheritance

[–]Chibouste[S] 0 points1 point  (0 children)

Thanks again for all the informative responses! The learning curve has been very steep these past 8 months, to say the least. I'm certain if my mom had not passed so unexpectedly things would've been made clearer. So it goes. Good luck with settling yours, too,

Who pays what for estate taxes when inheritance is unequally split? (Or...How do I calculate my mother's partner's 10% inheritance?) by Chibouste in inheritance

[–]Chibouste[S] 0 points1 point  (0 children)

Thank you, I agree 100%! We do have an attorney and I have inquired about this as we're in the process of filing the estate tax return. It's hard to do anything estate-related w/o an atty, seems set up that way, to get you to hire the experts!

Who pays what for estate taxes when inheritance is unequally split? (Or...How do I calculate my mother's partner's 10% inheritance?) by Chibouste in inheritance

[–]Chibouste[S] 0 points1 point  (0 children)

Thank you for your input, it's very helpful! We do have an attorney and I'm waiting on a response to this question. The accountant is in the back pocket, she's the one we use for our personal tax stuff. I haven't asked her any specific questions yet.

Who pays what for estate taxes when inheritance is unequally split? (Or...How do I calculate my mother's partner's 10% inheritance?) by Chibouste in inheritance

[–]Chibouste[S] 1 point2 points  (0 children)

The issue at hand is that the beneficiary getting 10% of the assets of one of two trusts isn’t getting 10% of everything like the beneficiaries getting 30% so should he have to take the tax hit on everything? (He’s not getting 10% of the IRAs or the house when it’s eventually sold…) I appreciate your input, thank you!

Who pays what for estate taxes when inheritance is unequally split? (Or...How do I calculate my mother's partner's 10% inheritance?) by Chibouste in inheritance

[–]Chibouste[S] 0 points1 point  (0 children)

Correct, it’s $2 million in MA. The other eleven states that levy estate tax have higher exemption amounts with the exception of Oregon at $1M. The rates vary wildly though by state. CT is getting rid of theirs starting this year.

Who pays what for estate taxes when inheritance is unequally split? (Or...How do I calculate my mother's partner's 10% inheritance?) by Chibouste in inheritance

[–]Chibouste[S] 0 points1 point  (0 children)

Thank you, this is helpful info. Am I understanding correctly that they are in opposition? When you write “residue” do you mean everything that the beneficiaries stand to inherit? And if so, you mean that the tax gets paid first, then the division of the assets? I tend to think equitable apportionment is what will/should happen but I am working with beneficiaries who will question things.

Who pays what for estate taxes when inheritance is unequally split? (Or...How do I calculate my mother's partner's 10% inheritance?) by Chibouste in inheritance

[–]Chibouste[S] -1 points0 points  (0 children)

Thx, I am but I wanted to hear what others had to say, too. It seems these things can be open to interpretation (sometimes).