#assessed

Parents died within a year. My brother and I still need to probate our house. We got the tax bill yesterday and the taxes almost doubled. Can someone explain “Assessed / SOH Value”

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Parents died within a year. My brother and I still need to probate our house. We got the tax bill yesterday and the taxes almost doubled. Can someone explain “Assessed / SOH Value” Broward County Florida My dad died from health reasons in september 2023. My mom took her own life this past August in 2024. she didnt want to live a year without my dad. the tax bill for the past 10 years over hovered around 3k. in november 2023 while my mom was still alive it went up 1k to 4k, presumably because of my dads death. now its 7.5k…

Reddit Personal Finance 1.1k 2024-11-02

Will I be assessed capital gains tax if I sell shares of a money market fund (NAV of $1)?

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Will I be assessed capital gains tax if I sell shares of a money market fund (NAV of $1)? I want to sell about 1500 shares ($1 each) of a government money market fund. Since the value of the shares remains fixed at $1, am I right to assume that the “gains” are zero and I won’t have to pay capital gains tax on this? I know that I have to pay income tax on the dividend and interest income, but specifically wondering about capital gains…

Reddit Personal Finance 531 2024-02-24