Capital Gains and Losses

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I have question regarding tax from selling a condo in
I have question regarding tax from selling a condo in California. My father's in law family bought a condo on 8/20/1999. The condo has 2 bedrooms and they are on the second floor. The original price w… read more
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If I am on title to a home that I live in but my parents
if I am on title to a home that I live in but my parents helped me buy the home, and they have it in the family trust. When we sell it, will I be able to use the capital gain exclusion? … read more
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My mom purchased a home, closed in oct 2017 (took possession
My mom purchased a home, closed in oct 2017 (took possession 8/2017) for $75k. It was falling apart and we put in $40,000 to bring it up to code. We found out my husband is relocating for work from Cl… read more
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Hi, I have a very specific question about capital gains on a property I am considering selling. What is the price for advice? … read more
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My husband I entered into a contract with FBC Mortgage and
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We are selling our. We lived in I unit for 2 years and 1/2
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We want to buy a new house, but have not sold our house yet.
Hi - We want to buy a new house, but have not sold our house yet. We bought our house 37 years ago for $75K and it is has been appraised at $550K - 10 acres with house in popular area. I know there is… read more
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My wife and I have lived in our house for seven years. The
My wife and I have lived in our house for seven years. The house is in my mother's name (who lives with us) but I have paid the mortgage for seven years and have passed IRS approval for the mortgage r… read more
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Is it possible to get a hardship exemption on capital gains
Is it possible to get a hardship exemption on capital gains tax due to the loss of a spouse. I can no longer afford my house and need to sell. … read more
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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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If we sell our primary home in WA state and a second home in
If we sell our primary home in WA state and a second home in AZ and combine the proceeds to purchase a new primary home will we be subject to capital gains taxes on either sell? My husband & I are bot… read more
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We owned a property as our primary residence since April 2000 until we became snow birds and lived partial year Jan -May of 2009 in our winter home. We lease our former home -2013 and converted it bac… read more
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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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Hello -We are looking at selling our primary residence our loan closed on March 6, 2013 so there would be a long term gain. We have a asking price of $549,000 expecting to sell/negotiate down to $530,… read more
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My husband and I are selling our beach house in NJ. He has
My husband and I are selling our beach house in NJ. He has been living in it full time since our separation 3/12. Thinking to file separately this year so he can claim NJ residency for 2012 and 2013, … read more
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R. Klein, EA

R. Klein, EA

Enrolled Agent

265 satisfied customers

Over 20 Years experience in resolving tough tax cases

jgordosea

jgordosea

Enrolled Agent

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As an Enrolled Agent you can be ensured of my competence in income tax matters.

PhillipB EA

PhillipB EA

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Arthur Rubin

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Bill-the-CPA

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FredStevens

FredStevens

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Experienced in business, accounting and tax planning for individuals, small/medium sized businesses and non-profit organizations

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Shane-CPA

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Shane Northrop is a Certified Public Accountant, Personal Financial Specialist and a Chartered Global Management Accountant

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