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My grandparents lived on a 115 acre farm since 1939, my grandfather passed since 1939 he passed away on Oct 2007 and Nov 2007 she went into a nursing home. If she sells the farm having lived on it 2 of the last 5 yrs will she have to pay cap
by plowman on January 13th, 2009
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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
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My father wants to give a onetime gift of $1 million of stock to his children split 6 ways. What are the tax implications for the children if they sell the stock, either immediately or after 1 year?
by apschiff@hotmail.com on March 19th, 2009
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I have lived with my husband for 10yrs, married for 1yr, not on the deed. Would we have to pay capital gains tax for singles then?
by weezy18 on April 29th, 2010
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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
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You're reading Are we exempt from Capital Gains Tax if we are being relocated due to military obligations? We only owned our condo for 6 months.