Capital Gains and Losses

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Related Capital Gains and Losses Questions
For a US Citizen living abroad in country with no capital
Hello, for a US Citizen living abroad in country with no capital gains tax, would there be a US capital gains liability if they create and sell a business all while living in the foreign country ? If … read more
Lev
Lev
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Capital gain taxes on a home owned with my sister. … read more
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I am selling my house and will have a large capital gain.
I am selling my house and will have a large capital gain. What losses can be taken to offset the gain? I have my own company and have losses associated with the company. Can those losses be used?… read more
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My mom put her house in mine and my sister's name several
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emc011075
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I m in the process of selling and investment property I own
hello I m in the process of selling and investment property I own what would be the tax I would have to pay and is there ways to rduce this amount ? … read more
Carter McBride
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We built a home mortgage free in which we invested $250,000.
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emc011075
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I have owned a rental condo for over 20 years. I have
I have owned a rental condo for over 20 years. I have reported losses each year of ownership and my accountant has reported those losses each year at filing. When I sell my condo, my losses will excee… read more
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My daughter lost her job in 2008. She could not afford her
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I inherited a house when my mother passed away in 2012. The
I inherited a house when my mother passed away in 2012. The house sold in 2016 for less than the appraised fair market value in 2012 at the time my mother passed away. I want to take a capital loss on… read more
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I have a client who lives in MI and owns an apartment
I have a client who lives in MI and owns an apartment (condo) in NYC. He is selling the condo next month and will have a gain of $1 million. He is 99 nyears old, retired and has no other income. How d… read more
Lev
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I will owe capital gains on property that we sold last Feb.
I will owe capital gains on property that we sold last Feb. we also purchased some lake property last May but now due to family issues, we are going to put it up for sale. We paid $230,000 for the pro… read more
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I do not own a main residence and live in a rental property.
I do not own a main residence and live in a rental property. I do own a condo that I use during the winter on the weekends. I do not rent it out. If I sell it to purchase a bigger condo in the same bu… read more
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----selling a personal residence with a loss. can i take it
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I am about to sell 50% of my business to an investor and will
I am about to sell 50% of my business to an investor and will walk a way with a 500k cash settlement at closing how do I avoid paying capital gains tax, by the way my home is 150k upside down is there… read more
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