Thanks for asking your question! I'm sorry to hear about your tax issue and I'm going to try my best to help you understand or resolve it.
Thank you for your question. It should cost you between $600-$1,500 to get your taxes done. IT all depends on what accountant you choose to do your returns. JustAnswer.com does not prepare
returns, as we cannot practice accounting on this site. You can contact your state
board of accountancy to get the names of CPAs in your area. You can also look for an Enrolled Agent to do your return.
How much you are charged depends on what condition your records are in and the complexity
of the returns, as well as the fee schedule of an accountant. The accountant should tell you how much it will cost before starting work.
The basis of your property is what you paid for it, plus any capital improvements (new roof, new HVAC system, etc), less any depreciation
you took on the property.
The capital gain will be the difference between the selling price and your basis. The long term capital
is 15%. The short term capital rate (for things you have held LESS than one year) is your ordinary tax rate
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