Tax

Have a tax question? Ask a tax Expert

Ask an Expert,
Get an Answer ASAP!

Related Tax Questions
I have Mortgage that was once our primary residence 4 years
I have Mortgage that was once our primary residence 4 years ago. After we moved we rented the property out for three years after we moved. On Jan 2017 we decided to put the house up to sell and took i… read more
Tax.appeal.168
Tax.appeal.168
Principal
8,688 satisfied customers
CGT for property and the 6 year main residence exception. I
CGT for property and the 6 year main residence exception. I am in defence and move frequently for work. I purchased a property in Nowra NSW Jun 2011. Moved in straight away after settlement in Aug 11.… read more
Carter McBride
Carter McBride
LLM
3,156 satisfied customers
Hello, If the Joe family had a home for 8 years as a personal
Hello, If the Joe family had a home for 8 years as a personal residence and decided they wanted to live in a smaller place so decided to rent out their primary residence beginning June 1st this year. … read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
8,655 satisfied customers
rental property claimed as main residence down while
rental property claimed as main residence burnt down while rented been paid out insurance for house now Vacant land for sale will i pay capital gains on vacant land sales.land has shed and power conne… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
we have a rental that was occupied only for 3 months. the rest
we have a rental that was occupied only for 3 months. the rest of the year was spent for remodelling as it was in bad shape. we already have spent $11,000 and still not rented and we might decide to m… read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
15,552 satisfied customers
I had converted my house in CA to rental property in 2006 when
I had converted my house in CA to rental property in 2006 when I moved to TN for my job. The tenant moved out at the end of July, 2013, so it was a rental for 7 months. I am in the process of remodeli… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
My husband and I currently own a condo in CT. I am not working
My husband and I currently own a condo in CT. I am not working at present. He is considering a job in PA that would require that we take up residence in PA at least part of the year (how we split our … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I rented my primary home (that I own) and moved to a substitute
I rented my primary home (that I own) and moved to a substitute dwelling (an apartment, for which I pay rent). One can view this as a business: after all, I rented my house at the expense of moving to… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
12,108 satisfied customers
We have owned a house that we rented out for over 3 years.
We have owned a house that we rented out for over 3 years. The renters moved out several months ago, and we decided to do some repairs as well as extensive remodeling and move in there ourselves (as o… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
Hi, my wife and I would like to get tax advise on the following
Hi, my wife and I would like to get tax advise on the following situation. IRS publication 4681 states "Your main home is the home where you ordinarily live most of the time. You can have only one mai… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
My home with a homeowners exemption is located in Lafayette
My home with a homeowner's exemption is located in Lafayette and as the managing general partner of a partnership, I need to drive to the apartment in San Francisco to handle the various management fu… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,512 satisfied customers
We purchased a new home for our retirement just over a year
We purchased a new home for our retirement just over a year ago and qualified for the $6500 homebuyers credit. However, my husband's job situation changed and we have delayed our move to that area for… read more
Wendy Reed
Wendy Reed
Master Tax Advisor Enrolled Agent
Master's Degree
2,290 satisfied customers
For health reasons, we moved from one state to another. We
For health reasons, we moved from one state to another. We bought a house with the intention of selling the house in the state from which we moved and applying the equity to make up for the down payme… read more
Anne
Anne
Master Tax Preparer
3,422 satisfied customers
My wife and I are married but live in different states, we
My wife and I are married but live in different states, we are not separated; we just live in different states for work reasons. We recently purchased a new home October / November of last year (neith… read more
Anne
Anne
Master Tax Preparer
3,422 satisfied customers
Hello, I was wandering how much my current housing situation
Hello, I was wandering how much my current housing situation is going to affect my taxes next year. Here are the details: _ My husband and I own a house that we rent out for $3000 a month. (we pay $13… read more
Wendy Reed
Wendy Reed
Master Tax Advisor Enrolled Agent
Master's Degree
2,290 satisfied customers
Im planning to buy a home for the first time. Will I get
I'm planning to buy a home for the first time. Will I get the $8000 tax credit if the house I purchase is tenant occupied, with lease expiring at the end of August 2010? I plan to close by April 1, 20… read more
Wendy Reed
Wendy Reed
Master Tax Advisor Enrolled Agent
Master's Degree
2,290 satisfied customers
We are considering renting our main residence that we have
We are considering renting our main residence that we have lived in for 2 years due to work relocation - and renting a house nearer to the new work location. Can we still claim mortgage interest deduc… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
I am selling a condominium in New Jersey which ive owned ...
I am selling a condominium in New Jersey which ive owned for 7 years. i have been renting it for nearly 3 years and realize i will pay capitol gains tax if i don't sell it before July (which will make… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,512 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Wallstreet Esq.

Wallstreet Esq.

Tax Attorney

586 satisfied customers

10 years experience

Mark D

Mark D

Enrolled Agent

1,338 satisfied customers

MBA, EA, Specializing in Business and Individual Tax Returns and Issues

Richard

Richard

Tax Attorney

4,512 satisfied customers

29 years of experience as a tax, real estate, and business attorney.

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

59 satisfied customers

B.A., M.B.A, J.D.

Robin D.

Robin D.

Senior Tax Advisor 4

15,569 satisfied customers

15years with H & R Block. Divisional leader, Instructor

Megan C

Megan C

Certified Public Accountant (CPA)

8,655 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

jgordosea

jgordosea

Enrolled Agent

2,885 satisfied customers

I've prepared all types of taxes since 1987.

< Previous | Next >

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x