Capital Gains and Losses

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I am considering selling a home in California and using
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, and rolling over… read more
emc011075
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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 bought the home in 2003, lived in it until Feb 2011 and it's been rented after that. It was not meant to be investment property, I do not own another home. We thought we would be coming back to that house and it doesn't look like we will be and would like to buy a home where we live now. … read more
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My primary residence built in 2006, was used as primary home
My primary residence built in 2006, was used as primary home until 2015. In 2015 I moved to a new home and could not sell this home as market was bad. So I rented it out and still remains rented. On t… read more
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We are Looking at purchasing a property for $155,000 and we
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emc011075
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My friend is currently purchasing an owner-occupied home (
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My husband bought a house in 2003. He and his mother lived
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JeffS6413
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I have a question regarding capital gain taxes upon selling
Hey there! I have a question regarding capital gain taxes upon selling a home. It is located in Washington State and my mother has owned the home since 1992. The purchase price was $115,000. It was us… read more
emc011075
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My husband received a job promotion June 2018 that moved our
My husband received a job promotion June 2018 that moved our family From TX to LA. One year later the company realigned the regions and moved us back to TX. We bought our house for $510 last year, but… read more
emc011075
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If i reninvest in the phillipines property how much capital
if i reninvest in the phillipines property how much capital gains do i pay … read more
emc011075
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We are planning to move from Denver, CO, to the D.C. area
We are planning to move from Denver, CO, to the D.C. area (VA, MD, DC) next year. We have two houses here in Denver, the one we moved to 7.5 yrs ago and lived in with our family, which has almost doub… read more
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We bought a condo in CA, lived in it for 19 months. Didn't
We bought a condo in CA, lived in it for 19 months. Didn't like it and sold it ($310k purchase - $390,000 sale). Will we need to pay capital gains since we didn't live there 2 full years? … read more
Robin D.
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I bought a townhome in Florida on March 2011 and lived there
I bought a townhome in Florida on March 2011 and lived there until may 2nd 2013. I have been renting it out ever since. I am planning to sell it now.1) the fact that I have used it as my primary resid… read more
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We purchased a home in SC on 10/04/2006, purchase price
we purchased a home in SC on 10/04/2006, purchase price $185000, On 04/01/2011, we moved to NC, and rented out our SC home. The basis at that time was 113,000 for the house and 27000 for the land. It … read more
Lane
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Does capital gains tax has to be paid if you are the owner
Does capital gains tax has to be paid if you are the owner of a rental property and you move in yourself after 30 years. We paid $105,000 and it is assessed at $1,320,000.00. We have 3 houses includin… read more
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My mother recently moved to an assisted care facility. The
My mother recently moved to an assisted care facility. The family is now deciding on whether to rent her house out or to sell. The concern of renting is that we might have a large capital gain tax to … read more
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According to the law I need to have lived in a house for 2
According to the law I need to have lived in a house for 2 years in order to avoid paying capital gains taxes. I have lived in my house for 4 years but have only owned it for 1.5 years. My plan is to … read more
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