Tax

Have a tax question? Ask a tax Expert

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

Related Tax Questions
We live in Oklahoma and bought our home in 8/2019. If we
Hi we live in Oklahoma and bought our home in 8/2019. If we sold it this month would we be subject to capital gains? … read more
Diligent Mike
Diligent Mike
Attorney
Master's Degree
294 satisfied customers
Capital gains question, do we have to pay capital gains if
Capital gains question, do we have to pay capital gains if we sell our homes before 2 years? … read more
Carter McBride
Carter McBride
Certified Public Accountant (CPA)
LLM
9,013 satisfied customers
I have a second home that my daughter has lived in for the
I have a second home that my daughter has lived in for the past 4 years. We are selling it. Will I have to pay taxes on the profits ( profit 130,000). … read more
NelsonProTax
NelsonProTax
Remote Tax Support Expert
Master's Degree
2,523 satisfied customers
I had a question about Capital Gains tax when selling a
Hi there, I had a question about Capital Gains tax when selling a primary residence … read more
NelsonProTax
NelsonProTax
Remote Tax Support Expert
Master's Degree
2,523 satisfied customers
I have a house I bought in 2010. We lived there and claimed
Hi, I have a house I bought in 2010. We lived there and claimed it as our homestead until 2018. In Feb 2018 we bought another house and rented out our 2010 house. We plan to sell the 2010 house this y… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
6,376 satisfied customers
Neighbor built a building and encroached on our property.
Neighbor built a building and encroached on our property. Building could not be moved, forcing us to sell 1/2 acre of our land that was gifted to us over 20 years ago and still being farmed by our fam… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
40,932 satisfied customers
Its regarding selling my home. When I initially bought my
Its regarding selling my home. When I initially bought my home 23 years ago I paid 169,000 but over the years I refinanced & took money out which raised the price. I sold my home last year for 620,000… read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
9,523 satisfied customers
We bought our family home in 2002 and lived there until four
we bought our family home in 2002 and lived there until four years ago, 2014, when we moved into my parents family ski house in park city. this past year we bought our own townhome here in park city. … read more
Carter McBride
Carter McBride
Certified Public Accountant (CPA)
LLM
9,013 satisfied customers
My brothers and I were appointed as joint tenants with
My brothers and I were appointed as joint tenants with rights of survivorship in my Mother's House back in 1990. My Mother has recently within the last 2 1/2 years been diagnosed with Dementia and has… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
23,416 satisfied customers
My husband and I bought property in 2005 as our primary and
My husband and I bought property in 2005 as our primary and only residence. Rented the guest house to this property from 2005 through June 2016. Moved greater than 50 miles for jobs and rented main ho… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
6,376 satisfied customers
I bought my primary residence on August 16, 2006 and lived
I bought my primary residence on August 16, 2006 and lived in it until August 15, 2011. I then rented it until July 15, 2014. It was foreclosed on July 15, 2014. Can I exclude capital gains since I li… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
8,682 satisfied customers
My now husbands parents bought us a house in February 2007
My now husband's parents bought us a house in February 2007 for $65,000. In May 2007, while we were engaged, we moved into the house. We married in August 2007. In November 2007 we secured a mortgage … read more
Wendy Reed
Wendy Reed
Master Tax Advisor Enrolled Agent
Master's Degree
3,136 satisfied customers
My Husband and I own a house in Seattle, WA which we purchased
My Husband and I own a house in Seattle, WA which we purchased in June 2004 and lived in until August 2007. Since August 2007 we've rented the house. We are wondering what types of taxes should we exp… read more
Arthur Rubin
Arthur Rubin
Doctoral Degree
1,570 satisfied customers
Wondering if we can exclude the gain of the sale of my grandmothers
Wondering if we can "exclude the gain" of the sale of my grandmother's house. Gram lived in the house forever, and the house deed was placed in my name and my 3 aunts. Gram's MD said she could no long… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
40,932 satisfied customers
My husband and I would like to sell our primary home as ...
My husband and I would like to sell our primary home as soon as possible for personal family reasons. We have lived here less than 2 years and do not meet any of the "exclusions" outlined by the IRS. … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
40,932 satisfied customers
Well I bought a second residence in may of 2004 and ...
Well I bought a second residence in may of 2004 and totally remodeled the second residence while living in the first. I then sold the first residence in august 2004. Now I'm getting divorced and have … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
40,932 satisfied customers
My husband and I built our home in July 2004-August 2005.
My husband and I built our home in July 2004-August 2005. We lived in our home during construction since we were the ones building it. My question is this, do we get to count that year of construction… read more
Jon Andrews
Jon Andrews
CPA
3,038 satisfied customers
Tax exempt status when the house is returned after sale
My Son bought my house on a Real Estate contract. He has returned the house to me because of financial problems with his company. I lived in the house for almost 30 years before I established a "rent … 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

6,039 satisfied customers

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

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

838 satisfied customers

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

Loren

Loren

Attorney

741 satisfied customers

Over 25 years practicing law

Robin D.

Robin D.

Senior Tax Advisor 4

23,416 satisfied customers

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

Megan C

Megan C

Certified Public Accountant (CPA)

8,667 satisfied customers

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

< 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