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notka56 [123]
3 years ago
8

Four years ago, Sam purchased a vacant lot for $10,000. He just sold it for $13,000. During the time Sam owned the property he p

aid $350 per year in taxes, $150 per year on maintenance like grass cutting and $90 per year on miscellaneous expenses. How much did Sam gain or lose on the sale?
Law
1 answer:
swat323 years ago
5 0

Answer:

Four years ago, Sam purchased a vacant lot for $10,000. He just sold it for $13,000. During the time Sam owned the property he paid $350 per year in taxes, $150 per year on maintenance like grass cutting and $90 per year on miscellaneous expenses. How much did Sam gain or lose on the sale?

Gained $640

Gained $2360

Lost $640

Lost $2360

Explanation:

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NISA [10]

Answer:

a. How will the $20,000 payments be treated by Fred and Tammy if covered by prior law? b. How will the payments be treated if the divorce is covered by new law? c. What is Tammy's basis in the residence? d. What role would a tax adviser play in a divorce?

Explanation:

a. For Fred, the 20,000 must be included in income. There is no deduction for paying alimony.  For Tammy, the amount is not included in income.

b. If the divorce was complete prior to December 31, 2018, Fred  can deduct the $20,000 payments as alimony.   If the divorce was complete prior to December 31, 2018, Tammy  must include the $20,000 payments in gross income.

c. It's $100.000,00

d.  Tax advisors are responsible for determining the value of property given in lieu of cash for an alimony payment.

8 0
3 years ago
What are the categories of Crimes from the most serious to least serious?
lukranit [14]

Answer:

it should be one I believe

Explanation:

Felony includes murder, sexual assault, arson, grand theft etc.

then misdemeanor can be anything from a traffic violations, petty theft etc.

infractions are where someone violates a statute or legal contract or obligations.

5 0
3 years ago
Individuals who send law enforcement agencies information via social media are referred to as
Amiraneli [1.4K]

Individuals who send law enforcement agencies information via social media are referred to as Citizen journalists.

<h3>What is Citizen journalists?</h3>

Citizen journalists are the phrase that is used to define a people that report information to law enforcement agencies with the help of social media.

Under this approach, Peoples can be evaluated and acknowledged on a worldwide scale through citizen journalism. The transmission of message and news does not totally reveal accurate orientations of current events.

Therefore, option B is correct.

Learn more about the Citizen journalists, refer to:

brainly.com/question/10160256

#SPJ1

5 0
2 years ago
What is the correct definition of due process?
malfutka [58]

Answer:

D

Explanation:

5 0
3 years ago
Read 2 more answers
What is the purpose of Public Opinion polls?
sasho [114]

Answer: Issues are identified, opinions are brought into the political discourse, candidates are selected, and policymakers get a sense of what people want from their elected representatives.

Explanation:

We can find out how many people share a particular point of view by conducting polls. Respondents aren't given a clear explanation of why this is the case or how to correct it. Scholars and social scientists have contributed to this. Polls are just a means of gauging public opinion on a certain subject matter. People from diverse cultures may find this valuable since it allows them the opportunity to speak for themselves rather than having just noisy media stars talk for them. People who don't often have a voice in public can participate in polls.

7 0
3 years ago
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