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In Massachusetts if you are 65 OR disabled are you allowed
In Massachusetts if you are 65 OR disabled are you allowed one sale of a house per lifetime with no capital gains tax?… read more
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What are the requirements on Capital Gains if you own ...
What are the requirements on Capital Gains if you own a home for less than 2 yrs and want to sell it. Is there automatically capital gains, or only if there is a certain $ amount?… read more
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When you sell your house and you have 2 mths. before the 2 ...
When you sell your house and you have 2 mths. before the 2 yrs. are up, are the capital gains prorated in anyway?… read more
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Do I pay capital gains tax on the sale of my primary ...
Do I pay capital gains tax on the sale of my primary residence even if I put all the profits into a new primary residence? I've lived in the house for 1 1/2 years.… read more
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I am 62 years old. My husband is now in a nurseing home.
I am 62 years old. My husband is now in a nurseing home. I am thinking of selling my house. We bought it a year ago. Will I have to pay capital gains?… read more
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Is there any difference in tax on real estate if you ...
Is there any difference in tax on real estate if you sell before or after 2 years of ownership? Do you have to reinvest the money to avoid the tax? What if you are over 65 yrs of age?… read more
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I sold my (homestead) home for $307,500 after 17 ...
I sold my (homestead) home for $307,500 after 17 months of purchase. I am making a profit of $70,000. I am purchasing within 45 days another property to use as primary residence for $399,900. Do I hav… read more
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to avoid capital gains tax on a rental property that I ...
to avoid capital gains tax on a rental property that I lived in 2 of the last 5 years (till 9-1-06) does escrow on the sale have to close before 8-31-06?… read more
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Would I have to pay a capital gains tax on the sale of ...
Would I have to pay a capital gains tax on the sale of a primary residence if I have: a) lived in it for 1 year, b) reinvested all the money into the sale of another primary home.… read more
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If a person sold a home in California and used the
If a person sold a home in California and used the Capital gains exemption to buy a home in Florida and lived there 15 months and then wanted to buy a home in Georgia, would he have to pay capital gai… read more
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Am I subject to capital gains over $250,000 if I sell my ...
Am I subject to capital gains over $250,000 if I sell my house for coniserably than I paid for it? I am over 65 - is there a threshold at that age for capital gains liability on a house? I was married… read more
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i live in florida and will sell my home that i have lived ...
i live in florida and will sell my home that i have lived in less than 2 years. what would my tax be if i had a profit of $30,000 Optional Information: spring hill, Florida Already Tried: just looking… read more
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My husband and I bought a home in Arizona from ...
My husband and I bought a home in Arizona from California. We paid cash for it and would like to sell it for another home in Arizona. Are we allow to do this without paying capital gains. My husband i… read more
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If I have a gain on the sale of my primary residence, ...
If I have a gain on the sale of my primary residence, and if I roll all proceeds into my new primary residence, do I have to pay taxes on the gain from my original house? Optional Information: Dallas,… read more
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I am selling our lot adjacent to our home for 62K I paid 6K ...
I am selling our lot adjacent to our home for 62K I paid 6K over ten years ago, I will be paying off my mortgage with the proceeds, and will not be selling my home any time soon. how much will my capi… read more
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Gain on the sale of a home held less than 2 years.
If I've owned my home for less than two years and sell it for a gain, but roll the profit into the purchase of a new house, is the gain taxed? The house I'm selling and the house I would be buying are… read more
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SELLING A HOME BEFORE TWO YEARS, IS THE PROFIT TAXABLE
My husband and I are divorcing. We have owned our home for one and a half years. We will make a profit of 68,000. if we sell the home. I may not be able to qualify for another home on my own. Do I owe… read more
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Are there tax breaks for Senior Citizens re CA Property Taxes
My parents sold their home 5 years ago and purchased another home in the same county. They were over the age of 55, so they took advantage of Prop 60. My mother just recently became disabled forcing t… read more
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