I live in my rental property (8yrs). 50% is my home. A sale will generate a 400K capital gain. I believe that 200K of this gain is due to my home and is exempted. I have 150K in capital losses from stock sales. Will I have a 50K taxable cap gain?
RELATED QUESTIONS
RELATED TOPICS
ABOUT ANSWERBAG
Answerbag wants to provide a service to people looking for answers and a good conversation. Ask away and we will do our best to answer or find someone who can.We try to vet our answers to get you the most acurate answers.
Copyright 2023, Wired Ivy, LLC

by 