Capital Gains and Losses

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Related Capital Gains and Losses Questions
Lets assume for 2018 adjusted gross income of $15000.. Sold
lets assume for 2018 adjusted gross income of $15000.. … read more
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Our average annual income has never exceeded the mid-60's.
Our average annual income has never exceeded the mid-60's. Now that we've retired, we've sold a house we bought 2005 for $68K, and sold for $130 K last month. Are we in the 0% category? … read more
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I don't have any taxable income (I receive a military
I don't have any taxable income (I receive a military disability check every month). I am selling a home I have only owned for one year and 5 months. Do I have to pay long term cap gains since I don't… read more
Robin D.
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I am trying to sell my business and real estate. I have a
I am trying to sell my business and real estate. I have a buyer and we are suppose to close tomorrow. I sold it for 705,000.00. I am owner financing it. The buyer is putting 45,000.00 down which pays … read more
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What would be the capitol gains tax on a home I inherited in July 3017? The home was bought by my mother under her name for $519,000. in 1999 and will sell for $750,000 today. … read more
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I just sold my home in Bellingham WA and am in the process of purchasing a home in Bandon OR. The home I sold was an inheritance from my parents. I paid my sister 145k to buy her out. I sold it for 37… read more
Chad EA, CDFA®, CFP®
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Hello! I recently sold my home of many years. I originally purchased in 1975 from HUD through a "bid" that was selected for $25,000. Many, many updates and replacements have been done. (lots of $) I s… read more
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I inherited a percentage of a piece of property when my FIL
I inherited a percentage of a piece of property when my FIL passed away. I have recently sold my percentage in the property. How do I figure out how much capital gain tax I need to pay. I inherited th… read more
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My 2 sisters and I sold a house in 2016 that we inherited in
My 2 sisters and I sold a house in 2016 that we inherited in July 2012 when my mother passed away. There is a Capitol Loss from the appraised value of July 2012. Do my sisters and I just split the Cap… read more
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We just sold a home in Sun Prairie WI during 2016 We moved
We just sold a home in Sun Prairie WI during 2016 We moved to northern WI 9 years ago. We were under the impression you could sell one home in the course of your life time without paying capital gains… read more
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I am executor to my parents estate I just closed on their
I am executor to my parents estate I just closed on their house and have placed funds in the estate account. Do I need to be concerned about capitol gains … read more
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I own a building with my brother, we inherited and it was
I own a building with my brother, we inherited and it was worth $100,000 then now I want to sell my half for $5,000.000 whaat would be my capitol gains? … read more
Robin D.
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My mother gifted me her home 6 months before she passed. She
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My parents past away and I red an attorney to have the home
My parents past away and I hired an attorney to have the home put into mine and my brothers name so that we could sell the house. The house sold last year. I always do my taxes; do I have to claim the sell as a capital gain? Is this considered an inherit? … read more
Richard
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A property I own is a single family house that I once resided
A property I own is a single family house that I once resided in, then rented for a few years. Now it is vacant and technically up for sale, but failed to sell (yes, even in the bay area market). I ha… read more
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I live on $741.00 a month,SSI. My five siblings and myself
I live on $741.00 a month,SSI. My five siblings and myself sold a property. Will I be required to pay Capital Gains Tax?… read more
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I inherited property from my mother in 2006 and live there for three years. I am now want
I inherited property from my mother in 2006 and live there for three years. I am now wanting to sell it but I'm uncertain about the tax liability. I receive disability. What is the capital gain law re… read more
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