Could someone plz explain to me what the reflective and distributive property are? If anyone knows what the Associative Property of Addition or Commutative Property of Addition is plz explain.

When I was a kid, we moved into a new house in the suburbs that had the cable box for the whole neighborhood in our back yard. It said all over it, “Do not tamper” and all that fun federal offense stuff. But it was on our property. Could we have charged them rent? Or built a shed around it that said “No Trespassing”? This is all hypothetical.

If you buy a house from an auction (particularly in California), what will the property tax be based on? Will it be based on the auction purchase price or some assessed market value?

Thanks.

I’m a first -time home owner, and I’m going to sell my primary residence less than 1 year from when I bought it. How do I know how much my property gains tax will be? When do I pay the tax? At closing when I sell or at a certain time of the year?

We placed my parent’s property (personal home) into a irrevocable trust. The instructions was to sell the property upon the death of one of the parents with the proceeds going into trust account at a bank of our choosing. We are to distribute money from the proceeds to my surviving parent for living expenses, etc. As far as I know, the trust was not given a tax id (still checking with lawyer who drew up the trust for us).

So now that the bank trust account has the funds, can I as the trustee distrbute the money without any tax liabilities? Who owns, if any, the tax responsibilities here?

The property is in California and proceeds from the sale was less than $500,000.

Private property is the origin of alienation. How is this so according to Marx ?

neighbors want to construct shed and move fence even with property line. does shed have to be certain distance from the property line

We have made an offer on a new house. We are considering turning our current house into a rental property and are extremely confident it would rent quickly.

I guess my real question is this: will the rental income “wash out” the debt owed on the house, or when we get our financing in order will they just look at the debt owed on the current mortgage?

Thank you!