Capital Gains and Losses

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I've got a question about capital gains taxes on a property
I've got a question about capital gains taxes on a property I own. The circumstances are different from the norm … read more
emc011075
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I sold my primary home in June 2019. Sorry we bought it in
Sorry we bought it in 2004 for 345,000 sold it in April 2014 for 485,000 . We bought another home July 2014 for 448,000 Added 30,000 in improvements and sold it in august 2018 for 595,000. Then bought another house in Feb 2019 for 448,000 added improvements of 32,000 ! My question is can we take the capital gains exclusion on both the sales of our primary homes within the 5 year period … read more
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Robin D.
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My husband and I were "given" a condo in Houston, TX as a
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I bought a condo in August 2017 when my husband and I were
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My mom purchased a home, closed in oct 2017 (took possession
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Over the years I have owned several homes. Recently I sold
Over the years I have owned several homes. Recently I sold our retirement home and moved into rental senior assisted living. We lived in our retirement home for the last13 years. We paid 510 and spent… read more
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My husband I entered into a contract with FBC Mortgage and
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Here is my situation I am trying to determine my tax
Here is my situation I am trying to determine my tax liability for: - my wife and I bought a condo in May 2013 - moved for a work relocation (50+ miles away) in May 2014 - instead of selling at the ti… read more
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Does capital gains tax has to be paid if you are the owner
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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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We have owned our WA house since 1986. My husband got a job
We have owned our WA house since 1986. My husband got a job in CA. He lived there August 2009-February 2015. We bought a condo in CA March 2011 and sold it Sept 2014. (We plan to pay capital gains on … read more
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Here is the scenario. I live in Las Vegas. Have been here for
Here is the scenario. I live in Las Vegas. Have been here for 2 years. We have a property in CA that is in escrow right now and we will make about 15k. We lived in that house from 2003 till 2012 when … read more
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Does my wife qualify for the Home Sale Capital Gain Exclusion?
Does my wife qualify for the Home Sale Capital Gain Exclusion? Background and facts: Lived in NJ from 1981 until 1996 when my employer transferred me to TX and we sold our NJ house at that time. Short… read more
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