I want to know if I have to pay taxes on this sale and how do I calculate this and what form to use. I have owned the land for 15 years and I purchased it with some other lots adjoining it. I have recently divorced and do not know exactly how much we paid for the land. I have a 1099S form and I just cannot see where I need to calculate if this was a gain or loss and if I have to add to my income if I made money on this.
I moved from my primary residence becuase of job relocation 4 years ago and have rented that home ever since and am selling it now – since I moved for the job, do I still qualify for the reduced exclusion even though I moved 4 years ago?
Posted in Homes For Sale
Tagged becuase, exclusion, Home, job, Property, property sale, Relocation, RENTAL, rental property, RESIDENCE, sale, tax
are home improvements tax deductible?
Currently have no mortgage/ tax bracket 28%
Posted in Mortgage Tips
Tagged Austin, bracket, Home, house, investment, mortgage, student, tax, Texas
Are home improvements tax detectable?
Posted in Home Improvement
Tagged are, french, Home, home improvements, improvements, tax