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 haridas_badhe
Joined: 11 May 2009
Posts: 59
0.04 Dollars($)
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 Posted: Wed Jun 24, 2009 7:28 am Post subject: TAx |
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Next month I am going to buy my land. Purchaser will give me cheque.So is this amount will be taxable??
If Yes how I can save tax in this situation?? |
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gmakerley
Community Mentor
Joined: 09 Nov 2007
Posts: 9808
Location: bloomfield, ct
45.23 Dollars($)
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| Posted: Wed Jun 24, 2009 7:33 am Post subject: |
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confused to begin with, and then you say that "Purchaser will give me cheque."
if you are the purchaser, what's that mean? you're taking it out of your left pocket to put in your right pocket? from back to front or front to back?
your statement would have us believe that "the purchaser" is yet a different person. however, inasmuch as "i am going to buy my land" next month, that purchaser is you.
forget the tax....who is buying what? and who is paying for it?
_________________
George M. Akerley
Loan Consultant
860-221-5044 |
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gmakerley
Community Mentor
Joined: 09 Nov 2007
Posts: 9808
Location: bloomfield, ct
45.23 Dollars($)
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| Posted: Wed Jun 24, 2009 7:34 am Post subject: |
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and of course, i don't mean to forget the tax entirely, but try to state your question in terms that someone else might understand first, then move on to your tax question.
_________________
George M. Akerley
Loan Consultant
860-221-5044 |
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