Not your question?
Ask your question
View similar questions
Add your answer here.Check out some similar questions!
Capital Gains Tax
[ 4 Answers ]
In Sept 1999 I sold a piece of property. I did a 1031 exchange for a new piece of property that cost 299000.00. My basis in that exchange was 29000.00. In April 2006 I sold that piece of property. After closing costs and realtor costs the net profit was $512,000.00. Improvement costs, repair...
Short-term assets, Patent, Revenue and capital expenditures
[ 1 Answers ]
Can anyone tell me if Utilities expense, Supplies expense, Advertising cost, Shipping cost if any of these are considered short-term assets? Is prepaid legal fees considered capital expenditure or revenue expenditure? and lastly I need help with this question: Show the journal entry, on June...
Capital gains tax from buy-out
[ 3 Answers ]
Hi, I would like to know how to calculate the capital gains taxes I will owe. I was recently bought out from a commercial property I was part owner of (50%). My father purchased the land in 1989 for $361,000 and in 1994 he quit claimed it to me and my two sisters, so I owned 1/3 of the property....
Capital Gains
[ 3 Answers ]
I'm in the process of selling my house and land which currently is in three different tax bills. I went through a divorce last year and one of my questions can I use the appraisal price that was used for me to own the house and land? Two pieces were combined as it was questionable if the sewer was... View more questions Search
|