Capital Gains and Losses

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We have 2 homes. One in Oregon that we have lived in off and
We have 2 homes. One in Oregon that we have lived in off and on for 7 years (consistently for the last 436 days to date) and one in Alaska that we purchased in 1989. Our daughter has lived in our Alas… read more
Stephen G.
Stephen G.
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94 years old SSN 19000 blind I one eye long term capital gain Lo … read more
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How many years can I rent my owned house before capital
How many years can I rent my owned house before capital gains? If I sell after that how much % tax I need to pay on capital gains?… read more
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I have a couple of questions: I have lived in my Condo for 2
I have a couple of questions: I have lived in my Condo for 2 yrs and 10 months. I plan on renting it out while I leave the country for 3-5 years for work. If I sell it within 3 years, can I keep the c… read more
emc011075
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I own 3 properties (my primary residence in Riverside, CA,
Hello, I own 3 properties (my primary residence in Riverside, CA, plus a condo in Palm Springs, CA, which I rent through AirBnB & VRBO. Finally, I own a home in Indio, Ca, which I rent to my sister & … read more
emc011075
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We are selling our. We lived in I unit for 2 years and 1/2
Good afternoon. We are selling our Triplex. We lived in I unit for 2 years and 1/2 (June 2015 to Dec 2017). We are selling it this month. Do we still have to pay for capital gains tax? … read more
Chad EA, CDFA®, CFP®
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I am selling my duplex that I have owned for almost 6 years.
I am selling my duplex that I have owned for almost 6 years. I lived in it for about a year then married and moved. My sister rented this duplex from me until last January when I moved back in. Will I… read more
Chad EA, CDFA®, CFP®
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I bought a townhome in Florida on March 2011 and lived there
I bought a townhome in Florida on March 2011 and lived there until may 2nd 2013. I have been renting it out ever since. I am planning to sell it now.1) the fact that I have used it as my primary resid… read more
emc011075
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Property I would live to sell and move profit to a new
Property I would live to sell and move profit to a new purchase within 6 mths. I understand I can do this with 'like' properties. I have a rental condo in the city, I've owned it since 2000 and spent … read more
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I own two condo rental properties. I am going to move back
I own two condo rental properties. I am going to move back into one for two years. I was told that one would have no capital gain taxes up to $250k? … read more
Robin D.
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We have a Nevada condo bought for 100,000 (2012) now worth
We have a Nevada condo bought for 100,000 (2012) now worth about 180,000. It is in a trust and rented. We want to sell it and buy another condo for about 140,000. What capitol gains can we expect to p… read more
PhillipB EA
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If I sell my principal residence now (as a single woman) to
If I sell my principal residence now (as a single woman) to move-into one of my rental properties resulting in $500K capital gain AND I purchase another investment rental property, do I have to pay ca… read more
Robin D.
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Does capital gains tax has to be paid if you are the owner
Does capital gains tax has to be paid if you are the owner of a rental property and you move in yourself after 30 years. We paid $105,000 and it is assessed at $1,320,000.00. We have 3 houses includin… read more
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Selling house which was a rental. We moved in May 1st 2014 however our other house which was the Primary house closed escrow May 9th 2014. Do we have to stay here until May 1 2016 or May 9 2016 to avo… read more
Stephen G.
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Sold condo in SLC - 5 June 15. Will investing in an
Sold condo in SLC - 5 June 15. Will investing in an airstream trailer all of the profit-as a home fulfill the I RS requirement. Ronald L. Wooden - [email protected] .edu… read more
Stephen G.
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Re Rental Property/sale of residence. I bought a 2nd house
Re Rental Property/sale of residence. I bought a 2nd house in1985 for $35K. I rented the house for 20+ years and took depreciation deduction of $28K through 2003. I have not rented it for the past 4 y… read more
Stephen G.
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We have owned our WA house since 1986. My husband got a job
We have owned our WA house since 1986. My husband got a job in CA. He lived there August 2009-February 2015. We bought a condo in CA March 2011 and sold it Sept 2014. (We plan to pay capital gains on … read more
jgordosea
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Follow-up question on Capital Gains Taxes: Could you define
Follow-up question on Capital Gains Taxes: Could you define "commercial enterprise" ? We cash rented our farm ground to a farmer and claimed this income on our taxes. Is this considered a commercial b… read more
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