Tax

Have a tax question? Ask a tax Expert

Connect one-on-one with {0} who will answer your question

Related Tax Questions
We bought a house in Florida to rent out to our daughter in
We bought a house in Florida to rent out to our daughter in 2018. It needed repairs we weren't aware of, which we got and paid for, and our daughter and her husband could not make the rent (to make th… read more
Barbara
Barbara
Enrolled Agent, Paralegal
9,773 satisfied customers
If a real estate agent makes a contribution on closings for
Roger, If a real estate agent makes a contribution on closings for one of their clients is that tax deductible? Please provide good articles and IRS references.… read more
taxmanrog
taxmanrog
Master's Degree
1,770 satisfied customers
I have a client who is a real estate agent and set up an
Roger, I have a client who is a real estate agent and set up an S-Corp 01/01/2018z She said that since she isn't a broker, the company will only issue a 1099-Misc to her SSN instead of not issuing one… read more
taxmanrog
taxmanrog
Master's Degree
1,770 satisfied customers
I just sold my house in Mexico at a substantial loss. Do I
I just sold my house in Mexico at a substantial loss. Do I have to pay taxes in the US on it? … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
21,325 satisfied customers
I am executor of my moms estate. I sold two properties but
I am executor of my moms estate. I sold two properties but no capitol gains. No income for this year. I have home to sell and then will close out. Do I need to file this year since no income to report… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
31,111 satisfied customers
My father transferred the deed to s house to my brother and
My father transferred the deed to his house to my brother and me in 2004. He had vacated the house in 2000 just after entering a senior housing facility. He passed away in 2008. From 2000 through 2011… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
21,325 satisfied customers
I bought a home in 1998 for 130K and have rented it out taking
I bought a home in 1998 for 130K and have rented it out taking depreciation of bout $4k per year for the 13 years. I am now selling the home and will likely only get $100,000 for it. there is A 6% rea… read more
Tax-Scholar
Tax-Scholar
Manager
Bachelor's Degree
89 satisfied customers
Hi, I had a VA loan which I allowed to be assumed by a buyer
Hi, I had a VA loan which I allowed to be assumed by a buyer approximately 25 years ago. That buyer defaulted on the loan and as a result I lost my full VA home buying benefit. I still have a VA Certi… read more
Jax Tax
Jax Tax
Senior Tax Attorney
Master's Degree
1,394 satisfied customers
RE ESTIMATED 2011 Taxes I purchased a property in 2005 that
RE ESTIMATED 2011 Taxes: I purchased a property in 2005 that has been rented since that time. It was never used as my home or residence. I have annually reported this on Schedule E. I will be selling … read more
MequonCPA
MequonCPA
CPA Firm Owner
Master's Degree
2,290 satisfied customers
We got an inheritance from husbands mother in2008. Taxes were
We got an inheritance from husbands mother in2008. Taxes were deducted around $12,000 by realtor and in 2009 we received refund on tax return for taxes paid in 2008. We have not yet filed 2009 tax ret… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
I had to sell my house last year and took a $60K long term
I had to sell my house last year and took a $60K long term loss (held home for 2 yrs) before paying another 23K in realtor commisions. I went on unemployment in IL and elected not to withhold taxes du… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
I got married in July 2009. I owned a home which I sold in
I got married in July 2009. I owned a home which I sold in October 2009. After we married in July, I moved in to my wife's home. I have three questions: 1) If we are filling jointly, can we deduct mor… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
how can I deduct a loss on my home from mold where we had to
how can I deduct a loss on my home from mold where we had to rebuild ie Ed MvMahon. Will supply more info, but need casualty loss to deduct and offset income. Insurance company used a clause under sec… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
We bought a house in October of 2008. Due to our jobs, we
We bought a house in October of 2008. Due to our jobs, we need to sell and relocate. We collected the $7500 tax credit for first time home buyers. If we sell the house and do not make a profit because… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
I am selling my home, it is a single wide mobile home on 1 ...
I am selling my home, it is a single wide mobile home on 1 acre of land. How much should I be asking?… read more
Ed Johnson
Ed Johnson
Senior HR Consultant and Business Devlpm
Bachelor's Degree
6,994 satisfied customers
Im looking to list my home, is it inappropriate to
I'm looking to list my home, is it inappropriate to negotiate with a realator the percentage rate. I believe 6% is standard. thanx, vickie… read more
MequonCPA
MequonCPA
CPA Firm Owner
Master's Degree
2,290 satisfied customers
I sold two homes this year and I am trying to figure out ...
I sold two homes this year and I am trying to figure out whether I have realized a gain or loss. I only owned each one for about a year. When calculating the basis of my home, Can I include the cost o… read more
Ed Johnson
Ed Johnson
Senior HR Consultant and Business Devlpm
Bachelor's Degree
6,994 satisfied customers
I have a condo up for sale. I bought this condo in 1984
I have a condo up for sale. I bought this condo in 1984 and paid $57,412. This is a rental property. The condo is in Arizona. A buyer has placed an offer on it for $145,000. There is a $25,000 loan on… read more
Jon Andrews
Jon Andrews
CPA
3,038 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

4,937 satisfied customers

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

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

261 satisfied customers

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

Robin D.

Robin D.

Senior Tax Advisor 4

21,325 satisfied customers

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

Megan C

Megan C

Certified Public Accountant (CPA)

8,659 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