Taxfilter: I sold a condo in April. I sold it for $5,000 less than I bought it for, but I walked away with some money because I had owned it for 10 years and paid down the principal. I had been renting it out for 4 years before I sold it because I moved to a city nearby. I also put about 10K into renovations over the past few years. Do I have to pay any capital gains taxes? Is it worth it to try to get any kind of credit for the loss I took when I sold it for less than I bought it for?
My partner and I are about to buy a house together, and we're trying to decide how to do this. We're gay, and hence technically unmarried, and we're trying to figure out the tax implications of the different options. [more inside]
Can you write off renovations to your home on your taxes for a home based business if you don't own or rent the residence? [more inside]
If I have the option, is it more advantageous for me to close on a house (tax wise) in 2011 or 2012? [more inside]
My mother refinanced our house in September 2009 and to qualify for a better rate I cosigned the new loan - now the mortgage statement comes in both of our names. Since I've never owned a piece of property before do I qualify for the First Time Home Buyer Tax Credit?
Property Tax filter: In August I bought a house in King County WA. The county's assessment of the property is very high. I would like to appeal for a review of the assessment. The desired result is a lower tax bill. I would be grateful for any strategy or advice. [more inside]
What options are available to two individuals who co-own a house and one wishes to buy the other one out? [more inside]
I'm a woman, divorced, being audited by the IRS, in some credit card debt and have problems with my rental history. Should I sell my home? [more inside]