Forums
New posts
Search forums
What's new
New posts
New profile posts
Latest activity
Internet Search
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Forums
General Discussions
The Watercooler
any tax gurus out there?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="klmno" data-source="post: 331993" data-attributes="member: 3699"><p>I don't think so because I think you only have to pay taxes on profit if you lived in the hosue less than 2 years and didn't reinvest the money into buying another house. At least is used to be that way. I wouldn't pay for someone else to do these taxes. You might need to help him but I think you can use the book that comes with the form and get thru this. Don't forget, if he had this house last year he can write off the interest he was paying on any loan for it if that applies.</p></blockquote><p></p>
[QUOTE="klmno, post: 331993, member: 3699"] I don't think so because I think you only have to pay taxes on profit if you lived in the hosue less than 2 years and didn't reinvest the money into buying another house. At least is used to be that way. I wouldn't pay for someone else to do these taxes. You might need to help him but I think you can use the book that comes with the form and get thru this. Don't forget, if he had this house last year he can write off the interest he was paying on any loan for it if that applies. [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
General Discussions
The Watercooler
any tax gurus out there?
Top