Posted on: 27th Oct, 2010 12:13 pm
I own a lot that was deeded along with the purchase of my home back in 1969. I want to sell the lot but not the house. How much capital gains tax would I havae to pay the lot could sell for 70,000
Welcome annegelinas,
The capital gains tax will depend upon the profit that you make from the sale of the property. You should contact a tax adviser and he will be able to help you in this matter.
The capital gains tax will depend upon the profit that you make from the sale of the property. You should contact a tax adviser and he will be able to help you in this matter.