Tax

Have a tax question? Ask a tax Expert

Ask an Expert,
Get an Answer ASAP!

Related Tax Questions
I have a question regarding paying capitol gains tax on a
i have a question regarding paying capitol gains tax on a condo I own and might sell … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,494 satisfied customers
Capitol gains taxes -I am a realtor. A client stands to make
Capitol gains taxes -I am a realtor. A client stands to make $264000 (= sale price - purchase price). He and is ex wife have lived in the property since april 2014 (over 3 years). Part of the divorce … read more
Barbara
Barbara
Enrolled Agent, Paralegal
15,152 satisfied customers
I bought a townhouse for 69K five years ago for my daughter.
I bought a townhouse for 69K five years ago for my daughter. She made payments to me for 3 years then moved. I paid her 12K for her equity and then rented the place for two years. I am now selling for… read more
Mark Taylor
Mark Taylor
Certified Public Accountant
Masters
4,994 satisfied customers
My husband and I built our home in 1985. We moved to the
My husband and I built our home in 1985. We moved to the coast in 2008 but he passed away in 2013. My son has remained in the house to keep it maintained and he has paid my property taxes. Since my hu… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
8,388 satisfied customers
In 2012 we bought a vacation home in AZ while living
In 2012 we bought a vacation home in AZ while living principally in our primary residence in CA. After retiring in June 2015, we sold the CA house in August 2015. Now we live full time in the AZ home.… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
12,108 satisfied customers
I am helping my son with his taxes. He owns a town home which
I am helping my son with his taxes. He owns a town home which he lived in from January to April of 2012. He rented it from May to December of 2012. This is the first time he has rented it. He will con… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
8,655 satisfied customers
I own a twnhse for over 11 yrs. I moved out and rented it
I own a twnhse for over 11 yrs. I moved out and rented it in July 2010 because of personal and financial reasons. (retired and no pension, could not afford to pay mtg.) I need to know if I am responsi… read more
Phillip B, EA
Phillip B, EA
Tax Advisor
Bachelor's Degree
1,326 satisfied customers
Tax Filing Question Capital gains exemption - My wife and
Tax Filing Question: Capital gains exemption - My wife and I reside in our primary residence (a townhouse) which she owns in her name only. I sold my condo which was in my name only in Dec 2010 for a … read more
Wendy Reed
Wendy Reed
Master Tax Advisor Enrolled Agent
Master's Degree
2,290 satisfied customers
We bought a townhome in 8/07 at a price of $161,035 and then
We bought a townhome in 8/07 at a price of $161,035 and then decided to move back into a home which we closed on in 07/08. Since we couldn't sell the townhome, we rented it from 10/08 to 07/09 and sol… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
My wife and I are UK residents and we have jointly owned
My wife and I are UK residents and we have jointly owned a home in Colorado for the last 6 years. We intend purchasing another home BUT we will be buying this new home several months before we will be… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
We have a home that we lived in for about 20 years. In Oct ...
We have a home that we lived in for about 20 years. In Oct 2004 we moved to another area and built another home. Our daughter and three children have lived in the original home since we moved (almost … read more
Mic
Mic
CEO
Working on PhD in Hypnotherapy
174 satisfied customers
Hello, I am a member of the armed services and have a ...
Hello, I am a member of the armed services and have a capital gains tax question. While stationed in NC, I purchased a townhome in 2002 which I lived in for just over 2yrs. I then recieved orders that… read more
Ed Johnson
Ed Johnson
Senior HR Consultant and Business Devlpm
Bachelor's Degree
6,994 satisfied customers
My parents purchased a townhome two years ago as a ...
My parents purchased a townhome two years ago as a second home. I, their daughter, have been living in the townhome these past two years. I want to purchase a house which means we need to sell the tow… read more
RD
RD
Self Employed
Master's Degree
5,572 satisfied customers
Relocated from Chicago to Orlando & bought small ...
Relocated from Chicago to Orlando & bought small two-story townhome as primary residence in July '05. Grandma got very ill & we decided to try to relocate her with us. We bought and moved into a singl… read more
Jason Hamilton
Jason Hamilton
Business Owner
Bachelor's Degree
54 satisfied customers
We are buying a townhome (end of 2007) - we own a two ...
We are buying a townhome (end of 2007-purchase price of $405,000) - we own a two family home in Brooklyn (mortgage paid up and small home equity loan $24,000 on home). We plan on staying in Brooklyn a… read more
Ed Johnson
Ed Johnson
Senior HR Consultant and Business Devlpm
Bachelor's Degree
6,994 satisfied customers
My wife and I are selling our primary residence of over one ...
My wife and I are selling our primary residence of over one year due to a military relocation to another State. We will be renting our new house. Will we pay capital gains on our equity?… read more
Sandi Hargrove, SkyHawks
Sandi Hargrove, SkyHawks
Master Tax Pro and Enrolled Agent
Master Degree
666 satisfied customers
I have a town house that I lived in for 18 months. Got ...
I have a town house that I lived in for 18 months. Got married and moved to wife's townhouse. While living in my wife's townhouse I rented my townhouse. Now I'm in th process of selling it. Will I be … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,494 satisfied customers
Exemption fropm capital gains tax on profits from property
I occupy a home that I bought for less than two years, and now I have to move 120 miles away for my job. Am I exempt from the capital gains tax on the profits from the sale of my house because of my j… read more
Jon Andrews
Jon Andrews
CPA
1,498 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