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Tina, Lawyer
Category: Real Estate Law
Satisfied Customers: 5436
Experience:  17 years of legal experience including real estate law.
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Barrister. Another question. A tax issue though. Maybe I

Customer Question

Hi barrister. Another question. A tax issue though. Maybe I should be asking an accountant but u may know being involved with r.e. If you sell a house and u made a dollar last year on ur taxes u pay less tax than if u made 100,000 last year. So my dad and I are looking to sell 3 houses. Should we do this all in one year? If not then the 1 house the past year may put us in a totally diff tax basis for the other two. But if we earned a dollar last year and sold all three this year, we're kept in the lowest tax basis for all three?
Submitted: 1 year ago.
Category: Real Estate Law
Expert:  Barrister replied 1 year ago.

Hello again,


You are correct, an acountant of tax law attorney would be best suited to help with this. Again, I just brush the surface and will admit I don't know enough to intelligently answer most tax questions...


I will opt out again and open it up to any tax attorneys or accountants on the site..





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