Capital Gains and Losses

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My mom transferred her home deed to me past 15years ago. Now
Hi, my mom transferred her home deed to me past 15years ago. Now I want to sell this 2nd home values $550k but will paying 24% in capital gains taxes(federal and Oregon) at $110k cost. Can I avoid thi… read more
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My mother owns 90 acres of land which she has been renting
My mother owns 90 acres of land which she has been renting out over the last 15 years. She also owns the house and farm buildings on the property where she has lived for over 50 years. If she sells th… read more
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My friend is currently purchasing an owner-occupied home (
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My mother sold my brother and I her house for $1.00 in
My mother sold my brother and I her house for $1.00 in (approximately) 1999 (we have a quitclaim deed). She continued to live in the house until she had to move into a nursing home in 2008. My brother… read more
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My mother is selling her house. She is 81. She lived in the
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I owned a house and lived in it as my main residence before
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My mother is 98 years old, has dementia, and is living in a
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I am 70 years old and have held title to my Mother's home in
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My mother and I own a house jointly. She is now in assted living and has signed her half over to me. I plan on selling the house. Will i owe income tax?… read more
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My wife and I own a house in PA with a potential capital gain of $80000. Her mother in KY wants to gift or transfer ownership of her house (her main residence) to my wife yet live in it herself until … read more
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