Tax

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

Related Tax Questions
I have a property I want to sell. I moved out on October 1,
I have a property I want to sell. I moved out on October 1, 2019, and rented it out till July 30, 2019. When do I need to sell it in order to avoid capital gains tax? I was told I had to live in the h… read more
Barbara
Barbara
Enrolled Agent, Paralegal
10,875 satisfied customers
I am military service member. I purchased the house in 2014
I am military service member. I purchased the house in 2014 July in Colorado springs, Colorado and rent it out in November 2015 due to the military permanent change of station. Now I am considering se… read more
Anne
Anne
Master Tax Preparer
2,551 satisfied customers
We have sold our rental home. We will be using the money
We have sold our rental home. We will be using the money from the sale and from the sale of our permanent home to purchase a new home. can you give me some info on what taxes we will be paying. the re… read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
4,733 satisfied customers
Real estate law. Texas. None. Have questions concerning
Have questions concerning buying and selling property but avoiding the capital gains tax… read more
Barbara
Barbara
Enrolled Agent, Paralegal
10,875 satisfied customers
We took possession of the family home in June of 2016. We
We took possession of the family home in June of 2016. We started paying the mortgage at that time. We were finally able to get the deed into our name in October 2018 as the family had taken advantage… read more
James Daloisio
James Daloisio
Attorney
Doctoral Degree
1,061 satisfied customers
We want to sell our home to our son. We lived in the home as
We want to sell our home to our son. We lived in the home as a primary residence from Jul 2000 to Nov 2015, however our son and his family moved in with us in Jul 2013 and paid some discounted below m… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
16,893 satisfied customers
Hi, I and my ex brought house $65,000 1974. We divorced and
Hi, I and my ex brought house $65,000 1974. We divorced and sold our house $900,000.00 August. 2012. I used the half interested of the property proceeds buying my own house $565,000 Nov. 2012. I under… read more
Anne
Anne
Master Tax Preparer
2,551 satisfied customers
We ( Me and my wife ) bought condo for $142000 in Oct 18th,
We ( Me and my wife ) bought condo for $142000 in Oct 18th, 1996 . I was primary residence up to 13th Nov 2010. We rented this condo from 14th Nov 2010 to 15th Sep 2011 because we were looking for big… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
17,888 satisfied customers
I am a permanent resident of the U.S.A. for 4 years now. I
I am a permanent resident of the U.S.A. for 4 years now. I live in this country for 11 years. I have recently sold a property, that used to by my primary residence abroad for over 5 years. Do I need t… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
32,066 satisfied customers
we accepted an offer to sell our home (lived there for years)
we accepted an offer to sell our home (lived there for years) and entered into a contract to purrchase a new home to be built in late 2009. We were given possession on October 31, 2009. Do we qualify … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
17,888 satisfied customers
I sold a home in Nov. 2008. It was our main and only home.
I sold a home in Nov. 2008. It was our main and only home. We lived in it from 1986 until mid 2000. We had to move to Brazil at that point, so rented the home from mid 2000, till Nov. 2008. We had to … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
32,066 satisfied customers
My wife and I have had a primary residence in Arkansas for
My wife and I have had a primary residence in Arkansas for over 10 years. We lived there 100% of the time. The house is in our living trust. The house has been for sale for 7 months and will not be so… read more
Ed Johnson
Ed Johnson
Senior HR Consultant and Business Devlpm
Bachelor's Degree
6,994 satisfied customers
I had a adult care home which I live to, I sold it in 2007,
I had a adult care home which I live to, I sold it in 2007, how do I report it. brought it in 10/1997 for 305,000. sold it in 10/07 for 1,100,000. My settlement charges were 23,381.73 and I payoff my … read more
Marvin,EA
Marvin,EA
Enrolled Agent
Bachelor's Degree
1,663 satisfied customers
I live in Prince Georges County Md. I purchased a ...
I live in Prince George''s County Md. I purchased a townhme and lived in it as a single person for 2 yrs. I then rented it out in 6/97.The tenant lived there until Jan. 2003. Then I moved back 2/03 an… read more
MequonCPA
MequonCPA
CPA Firm Owner
Master's Degree
2,290 satisfied customers
My husband moved to Texarkana, AR from Beebe, AR in Nov. of ...
My husband moved to Texarkana, AR from Beebe, AR in Nov. of 2005. We sold our home in Beebe, AR on Jan. 15, 2006 and bought a home in Texarkana, TX within the same week, which our family then moved in… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
32,066 satisfied customers
we owned a property and it was our primary residence from ...
we owned a property and it was our primary residence from Oct, 1999 until Feb, 2006....we moved to another state for work in July 2004. We bought another home in the other state in November 2004. In J… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
32,066 satisfied customers
I am over 55 years old and I sold a 2nd home due to losing ...
I am over 55 years old and I sold a 2nd home due to losing my job. Am I subject to capital gains or am I exempt. I lost my job in Dec. 05 and sold house in 6/06.… read more
Ed Johnson
Ed Johnson
Senior HR Consultant and Business Devlpm
Bachelor's Degree
6,994 satisfied customers
we have a 2nd home bought last 12/04, unaware of the ...
we have a 2nd home bought last 12/04, unaware of the capitol gain tax. We putin 20% down (taken from a refi of our 1st home). We would like to sell it, do we have to live there 2 years to avoid the ta… 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:

Robin D.

Robin D.

Senior Accountant

17,620 satisfied customers

15 years as a Senior Accountant and Divisional Leader at H&R Block

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.

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