Capital Gains and Losses

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I sold a condo (1031 exchange didn't exactly work out this
i sold a condo (1031 exchange didn't exactly work out this time) i will have capital gain. in the same year I bought a different building and put in a lot of capex. say if i have capital gain of 50K, … read more
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We bought a foreclosure with my husband in the Dane county, we are planing to sale the condo in 2 3 months (we only have possession of this condo for 2 3 months), we will probably have a profit of 30 … read more
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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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I am a realtor. I have a client that owns 2 individual
I am a realtor. I have a client that owns 2 individual condos in 2 unit building. He has not rented the 2nd unit, but used it as part of his primary residence. We plan on selling both units, will the … read more
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I am retired, Sold a rental property for $500.00. What % of
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Mark Taylor
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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 had some information from Lane but I have one more
I have had some information from Lane but I have one more question. The capital gains procedure described seems to focus on the purchase price and the sales price less depreciation. What about capital… read more
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I inherited 60 acre farm from my father 2010. I sold that
I inherited 60 acre farm from my father 2010 . I sold that property 2016. I do not know the valve of the property when he passed. I think I will have to pay gain only . … read more
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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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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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1. Client sold a (passive) investment partnership interest for a $1MM+ gain (No issues re: “hot”/ord. assets, suspended losses, basis/at-risk). 2. Client also has rental real estate with over $1MM of … read more
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Sold condo in SLC - 5 June 15. Will investing in an
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I am selling a rental real estate property and the closing will take place in January 2016. My profit will be approximately 100K. I have owned the property for 13 years and have taken the depreciation… read more
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My wife and I have used our condo in Fla. for the last 4 years off and on. When we sell it we want to use the entire equity to purchase a larger condo in Fla. Will I have to pay capital gains taxes on… read more
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Hello,I have bought a condominium here in Florida on Oct
Hello, I have bought a condominium here in Florida on Oct 27th 2011,now my husband has asked for a divorce and we will sell the condo. If I sell the condo before Oct 27th do we have to pay capital gai… read more
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Is it possible to transfer stock from an after-tax account
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We have a California 529 plan for our daughter, who is in college. We took money out this year to pay for her tuition and housing. We have a capital loss on the amount we took out this year. Can we cl… read more
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