Metro East REIA
- Mar 29, 2021
- 1 min read

States with an Estate or Inheritance Tax

We have already had a few posts this year about changes to the tax laws as well as information about sales taxes. And with that in mind, the old axiom about the two certainties in life, death & taxes, is the topic for today. The TaxFoundation says there are 18 states with an inheritance or estate tax – with one state, Maryland, having both! Hawaii and Washington State have the highest estate tax top rates in the nation at 20%. The distinction between the two, they point out, is that estate taxes are paid by the decedent’s estate before assets are distributed to the heirs while Inheritance taxes are remitted by the recipient of a bequest. Continue reading HERE...

Recent Posts

See All

Federal Judge Halts Biden Administration Waters Rule in Texas & Idaho

Bloomberg Law has reported that a federal judge in Texas has issued a preliminary injunction against the Biden administration’s waters of the US rule (aka WOTUS). However, the injunction only applies

Housing Starts & Permits Jump Up in February

The U.S. government is reporting that privately‐owned housing starts in February were at a seasonally adjusted annual rate of 1,450,000, which is 9.8% higher than January’s revised number but is 18.4%

Yardi Says Multifamily Flat in February

According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents were $1,702 in February, the same as January’s figure. Yardi says year-over-year growth continued its downw