Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Personal Finance
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 2 years ago on . Most recent reply

User Stats

19
Posts
1
Votes
David Pimenov
1
Votes |
19
Posts

High income earner taxes

David Pimenov
Posted

Just generally speaking how much in taxes would someone living in houston, tx have to pay uncle sam if they have about 100 million usd deposited in a chase bank account even if its not for the purpose of accruing interest $$$?  What if they have about almost 750 million usd in a fidelity mutual funds account assuming its a diversified portfolio structured investment?  Even if in both cases the money is just "sitting there", how much might they have to pay in taxes to the irs?  

Most Popular Reply

User Stats

1,311
Posts
636
Votes
Simon W.
Tax & Financial Services
Pro Member
  • Real Estate Consultant
  • Lehigh Valley PA & New York City
636
Votes |
1,311
Posts
Simon W.
Tax & Financial Services
Pro Member
  • Real Estate Consultant
  • Lehigh Valley PA & New York City
Replied

This post has to be a joke. 

You have $1.4B and you cannot afford to didn't hire a tax/CPA advisor, but instead wasting your time on a forum to ask this question?

  • Simon W.
business profile image
Accounting Properties LLC
business profile image
CFO LLC

Loading replies...