Capital Gains and Losses

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Have a house in Canadensis Pa that is in the estate of
Have a house in Canadensis Pa that is in the estate of Dolores Tampa, my mother-in-law who passed. My husband and I are executors of estate and she left house to our 2 children. We want to sell house.… read more
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I have a rental property I would like to sell, then use the profits to purchase a retirement home/ Vacation home. Hopefully without taking a hit of capital gains … read more
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Second Opinion] I am considering selling a home in California and using equity to buy two houses in other states. Possibly Indiana and Florida. I would like to know tax obligations for capital gains, … read more
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I am 56 years old, married filing jointly. We have an
Hello -I am 56 years old, married filing jointly. We have an investment property in Illinois that we have owned for about 22 years that has no mortgage (value about 200k). The cash flow clears about $… read more
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My husband bought a house in 2003. He and his mother lived
Hello. My husband bought a house in 2003. He and his mother lived there until 2007 when my husband moved out. His mother continued living there until just recently. We are considering either renting o… read more
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I'm selling a property that's not a principle residence, but
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I have 2 houses right next door from each other. I lived in
I have 2 houses right next door from each other. I lived in the 1st house for 17 years. We bought a lot and built a house and moved in March of 2016 into the new home. We completed repairs on the old … read more
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We have owned a rental townhouse for about 20 years. If we
We have owned a rental townhouse for about 20 years. If we sold our main home and moved into the rental and made it our permanent home for at least two years, would we save on recapture as well as cap… read more
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I owned a house before I got married. I got married and
I owned a house before I got married. I got married and turned it into a rental in 2017, and purchased another house at the same time with my husband, which we homesteaded. Husband ended up being an a… read more
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I bought a townhome in Florida on March 2011 and lived there
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We have a property to sell we will acquire capital gains of
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I own a multi-family house in Florida but have never resided
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My husband and I bought our house (a forclosure) for $80,000 in November 2011. We bought all new appliances, put in all new floors, and had new siding, gutters and roof put on. We have receipts for al… read more
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I am selling a vacation home in another state which I built
I am selling a vacation home in another state which I built in 1972. Huge increase in value. Can I avoid capital gains tax or can I lessen the hit?… read more
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