Capital Gains and Losses

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Related Capital Gains and Losses Questions
My husband & I own a Florida corporation that did no
My husband & I own a Florida corporation that did no business in 2020 except to buy, clean up, and resell a house. Profits from the sale were only about $9000. Who pays the capital gains tax... the co… read more
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My father bought a home in 1963. He died in 2014 and my
My father bought a home in 1963. He died in 2014 and my stepmother has lived there since. She is now in a skilled nursing home. We sold the house and it is to be split 4 ways. One share for my Step mo… read more
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Twelve years ago my in-laws bought a house that my husband and myself have lived in from purchase to present. My father in law has since passed away. We now want to purchase the house but need money f… read more
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My wife passed away this reR. I sold our primary residence
My wife passed away this reR . I sold our primary residence and took the proceeds to be off the mortgage on a vacation condo which we owned and is now my only residence .what are the tax impacts ? … read more
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My husband joust sold his mother's home effective Friday.
My husband joust sold his mother's home effective Friday. She's been staying with us and he is on her deed joint tenancy with right to survival. Also has a POA. She's unable to live on her own and wil… read more
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My husband and his mother (now 80) were both on the deed for
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my father put on this house in 2007 and he passed away in 2010 and now we want to sell the house. what if any would be a capital gain tax … read more
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I live in Rhode Island and so did my 91 year old Mother. She
I live in Rhode Island and so did my 91 year old Mother. She just sold her home in May. My name as well as my brothers, sisters and of course my Mothers name was on the deed at the time of the sale. M… read more
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I've owned my house since 1982 and remarried in 1996. I
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My husband and I went through a divorce. I was on the deed
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My mother recently moved to an assisted care facility. The
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I am 84, a widow, have not filed taxes is abut 2 years due
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I SOLD MY HOUSE IN 2012 FOR 715,00. BOUGHT IT IN 1978 FOR
I SOLD MY HOUSE IN 2012 FOR 715,00. BOUGHT IT IN 1978 FOR $78,500.00. LIVED IN IT WITH HUSBAND FOR 33 YRS TIL HIS DEATH IN 2011. SOLD IT FOR $715,000.00 . HAD A REVERSE MORTGAGE FOR $260.000.00,WHICH … read more
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My ex husband bought our house in 1993 for 450. Loan was for 325. It was in his name only until 2003, when we refinanced for 425 in both names. In 2004, we got divorced and I had to buy him out for ex… read more
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