Compare Mortgage Quotes

hazel · Joined: 19 May 2010 Posts: 1 1.28 Dollars($)

My husband is a real estate agent. 2008 income was -$5020.00 . 2009 income was -$12,000.00 We are trying to property line adjust and then sell our own vacant land (owned for 5+ yrs.) Can we income average for 2010 ?

jenkin7 · Posted: Wed May 19, 2010 10:34 pm Post subject:

Hi hazel,

You might be able to get an average of the income for 2010 with the help of the income figures you had in 2008 and 2009. But you need to consult an accountant or a tax consultant in this regard as they are the right people to guide you in matters like this.

alencooper · Joined: 30 Jun 2010 Posts: 5 2.15 Dollars($)

Long-term capital gains generally at a lower rate than regular income are. To encourage entrepreneurship and investment in the economy is. Tax conscious mutual fund investors and mutual fund deposits unrealized capital gains, which expressed as a percentage of its net assets are an important component of unrealized capital gains in a fund before investing, must determine. The condition of a fund is referred to as capital gains exposure. When distributed by a Fund, capital gains liability is eligible for fund investors.

Company	Loan Type	APR	Est. Pmt.
				Go
				Go
				Go
				Go
				Go
				Go

Compare Mortgage Quotes

Can I income average capital gains?

Financial Tools

Our Community

Community Rewards

Property State:
Property Type:
Credit Rating:

All times are GMT - 7 Hours

Page 1 of 1