Posted on: 25th Sep, 2008 08:11 pm
I'm currently wanting to sell two parcels of acrage in Washington State.
The price total was $65,000 in 1996. I'm in the 15% tax bracket. Selling price is $164,950. Realter is getting 8%. What is my capital gain tax.
The price total was $65,000 in 1996. I'm in the 15% tax bracket. Selling price is $164,950. Realter is getting 8%. What is my capital gain tax.
Hi jaminkat!
Welcome to the Forums!
To calculate the capital gains tax, please take a look at the link given below:
http://www.mortgagefit.com/quitclaim/reversedeed-cancelprofit.html#47975
Feel free to ask if you have further queries
Sussane
Welcome to the Forums!
To calculate the capital gains tax, please take a look at the link given below:
http://www.mortgagefit.com/quitclaim/reversedeed-cancelprofit.html#47975
Feel free to ask if you have further queries
Sussane
Hi jaminkat!
It will be better if you could consult a person dealing with Capital Gains Tax.
It will be better if you could consult a person dealing with Capital Gains Tax.