10,000

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Just wondering.....salary is a huge deal to me because growing up my family did not have very much money. i always wanted to be a doctor but recently changed my mind because i want to be able to start a family soon.....and i have always been interested in real estate. i live in a very expensive city, and cant even afford a house myself!!! haha!!

Most agents don't get a salary, they are pure commission. Yes,100.000.00 a year in commissions, is very possible. Just realize, earnings are erratic, sell well you earn well.if you don't sell, no money comes in. If this is your calling, you can do well. Like anything else, you have to work hard to get it, but you CAN get it. Best of luck to you! - Watch the papers, real estate co's such as Coldwell Banker, , gmac, have career nights,where you can find out gow to go about it. For the heck of it, call an agent and ask about these "career nights. " Seriously. They are the experts. .

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My mother wants to give me $100,000 to payoff my house, do either one of us have to pay taxes on that amount?

RE Gift or Inheritance tax, the giver is responsible to report and pay (if applicable) either of these taxes. The recipient does not pay tax on gifts or inheritances. Anyone can give anyone $12000 per year with absolutely no consequence. Over that amount creates a reportable event. There is a Uniform Lifetime Credit of $1million that can be applied toward gifts with another million available to offset death tax upon death. In 2010, the death tax goes away and comes back in 2011 (unless Congress acts) with 2001 limits of around $600k. So, If Granny's estate is under $2mil, she would report and use up to $1mil of the ULC to offset gifts, using the balance to offset death tax when she goes. May she live forever!

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Last weekend me and my wife took over our neighbors house since he passed away. we were cleaning out his garage and we found ten u.s. 100,000 dollar bills. we figured they were fakes cus he had so many of them and we thought it was ridiculas for there to be a 100,000 dollar bill. well a friend of mine today told me that they actually were real. he doubts they were worth face value but, they might have at least been worth a couple hundred dollars right now and maybe even a thousand. but unfortunatly my wife and i threw them away the same day we found them along with the rest of the junk. my main question is if they really were worth a couple hundred dollars and if so then im gonna be very sad cus i could have used that money to pay my electricity and gas bill this month. :(

You should try and get them back, because they could be real. In 1934, the US printed a $100,000 dollar bill, with the portrait of Woodrow Wilson on it. They were not generally issued, and were printed only as a gold certificate of series of 1934.

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I was wondering what the best way to invest $100,000 dollars in today's economy would be? i know cd's are not offering very high rates and that with this economy it is very risky to get into the stock market hardly knowing anything about it. would it be wise to put my money into real estate? perhaps putting a down payment on a house? eventually the housing market has to get better and if not at least you have a place to live, right? knowledgeable advice needed!!

25k down on a modest home you can well afford (including upkeep) 20k US blue chip stock fund 20k US small and mid cap Stock fund 10k International large cap stock fund 15k Emerging market (china, india, brazil, etc.) stock fund 10k Money market fund (emergency fund) Stocks are best purchased when out of favor. Like Now. You need an advisor. Going it alone to save a few dollars is unwise.

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And i am trying to decide what is the best way to turn it into more... i am thinking buy an old house and reno it and flip it for a profit, or buy a subway sandwich store fyi you can get one for about 95,000 or go to helicopter school and then be making 150 - 250 thousand a year... but it costs 45,000-90-000 depending on the type of chopper you train in. side note... flying choppers has been a dream of mine for a long time, but making lots of money is more important to me. so what would you guys do with the funds to make even more money???? also the house that i bought was a old crappy mobile home that my mother owned and she (psw) and her sister (registered nurse) wanted to start a retirement home and they couldnt without a down payment of 30,000 dollars that they didn't have and i had some money and needed a place to stay, so to help them out i told my mom i would give her the 30,000 for the down payment if she gave me the crappy trailer home. i figured i would take a loss by buying that old crappy place but i lived there for 9 years and property value went up and i sunk $45000 in reno's into the place and now it looks gorgeous and i should get 92,000 after fees so i'll end up making 17000 plus i had a place to stay for 9 years. so once again what would you do to make more money if you had 100,000 to work with????? also for fun you could add what you would do to blow all the money and just have a great time like going to vegas and gambling it away or traveling around the world or buying lots of jewelry or something!!! let me know guys!!! think hard!!!! if i make lots of money with your idea i will find you, and give you a reward/gift!!! so lets get those ideas flowing people!

If I have $100K, I'd invest in domain names.

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I found out that he changed the name of his company in sept 08. he finalized our home build in oct 08 under the old name. he new he was gonna take my money from the beginning. he just filed bankruptsy on the old company but is still in business. his workers, who he also owes money to told me that he has been running a ponzi sceam for years. he was taking money from new clients to pay for building prior houses. then when econmy went bad it caught up to him.

I would look for a good attorney (real estate).

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I'll be 20 in may and i make about $60,000 a year (don't ask). i started making my income when i turned 18. i've been renting for almost a year now, but i'm thinking about trying to buy a house after my lease runs out. these are the things i've got going for me: - i've had a car loan valued at $4,500 for a year and a half, and i'm going to pay it off this month since i'm sick of making the payments. the car was worth $10,000 when i bought it so i might be able to use it as collateral. -i have a full ride at my college so i won't have any bills to pay besides utilities -i've had a credit card for the same amount of time as my car loan. i use it to buy stuff on amazon so i use it semi-regularly. -i've never been late on any payment except for a phone bill one time that i simply forgot about. i don't know if that will even have a negative effect on my credit score but it happened. -i'll be able to save about $30,000 by the time i want to get the loan in june, $20,000 of which i'm willing to put down on the house. .-i may be able to get my uncle with perfect credit who co-signed on my car to co-sign on my mortgage. i'd like to do this on my own and i don't know if he'd be willing to help, but i don't know if i'll be able to get a mortgage on my own. i'm not very good when it comes to financial jargon, but i'm good at numbers. i'm also very careful with my money and like to overshoot things. i figured that if i get an 80,000 dollar mortgage, and even if i have to pay a ridiculous amount of interest (up to $20,000) i can pay off the house in 6 years tops if i follow the budget i made. i doubt it'd be half that much in interest but i've talked to my family and a couple of friends on this topic and the general response seems to be "why do you want to lock yourself into debt now?" and "you shouldn't buy with the economy the way it is." i'm hoping to get some advice from some anonymous objective people on what they would do in this situation. obviously, i can come up with the proof of where my income comes from. i just don't want that to be the focus of the answers. i don't mean to sound like a jerk when i say don't ask.

60,000 and dont ask....the bank will ask and want w2s to prove it. you might place yourself under police investigation if you present to the bank the question you presented to the general public.

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The 6 million dollars is net after taxes. it is money earned from an investment. i know for a fact that i can get 5.30% on all my money over 100,000 dollars from a particular online banking system, but i think i should be able to do better. i know real estate, either houses or land or both are good investments, if in the right locations and such. i welcome any answers. thanks.

It totally depends on the market at the time you invest. Currently, I would say: "green energy" stocks or mutual funds, and residential real estate. If you don't like the idea of property management, you can be a private real estate lender (lend money to someone else who wants to manage a rental). You will get a higher interest rate than 5.3%, and if they default, you get the property and can sell it... but you have to make sure that you aren't lending more than the CURRENT market value of the property (not the 2005 value).

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My wife is from russia(she has a resident alien card)but still a russian citizen....she is receiving money from her parents in russia to buy a house for us here.... will she need to pay taxes here,after the transaction (getting the money) or will it be her personal money given to her by her parents?....about 100,000 dollars....thanks

If your wife receives a GIFT of $100,000, have her file IRS form 3520. Have her parents write a letter detailing the gift. Have her parents wire it from their bank account to hers. (To avoid the TDF 90-22.1 form.) As a gift, there are no taxes here. The form 3520 helps the IRS understand that.

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I mean it is nuts to hand these people millions to run for re election as whom ever is running against them would really have a hard time coming up with that kind of money. considering some hire family members like say a spouse to manage the money for 100,000 dollars, it would be nice to give some of it to the state. all the states are strapped for cash and the people elected them just seems fair to me so the people might get something out of the deal besides bs. wolf they do well tell them lol

Simple. Tax it the hell out of it.