Is there still a one time exemption for capital gains? How does it work?

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  Our family had a vacation home and we sold it last year. My husband agreed to the sale because we had no income coming in and was waiting to hear if he could be put on disability. How will this sale affect how much taxes we will owe on the sale? Are ther
  by Kathleen on February 18th, 2009 | 2 people like this

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  I bought my house in 2000 for 240K and sold it in 2007 300K. do i have to pay captial gains tax for 2007?
  by Anonymous on April 11th, 2009 | 1 person likes this

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  I am selling my condo in NC (primary residence) for a $30K profit. I do not pass the two-year test, and I excluded a gain from a previous sale in May, 2009. However, I am selling to condo because I have taken a job in CA. Will I owe capital gains tax?
  by sonoflar on January 21st, 2009 | 1 person likes this

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  We own a second house we moved out of 2 years ago and want to sell it. How will a lease purchase with monthly rent income effect the capital gain exclusion?
  by tonyh44 on May 22nd, 2009 | 1 person likes this

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  If my ex-husband buys me out of the home we have owned together for 17 years do I have to pay capital gains tax? I have lived in the house the entire time.
  by Anonymous on March 8th, 2009 | 1 person likes this

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