Home arrow Mortgage Forums arrow Budgeting and Personal Finance arrow

Capital gain tax
Author Message
Bookmark
Bookmark Delicious Add to del.icio.us
Bookmark Yahoo Web Add to YahooMyWeb
Bookmark Simpy Small Add to Simpy
Bookmark Blinklist Add to BlinkList
jaminkat

Guest
Post Posted: Thu Sep 25, 2008 8:11 pm    Post subject: Capital gain tax
Like 0
Dislike 0
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.
_________________
Need help choosing the right loan? Get free consultation from community lenders/consultant
Icon Mini Profile smithsussane
smith.sussane




Joined: 18 Sep 2008

Posts: 10038
Location: Alaska
920.62 Dollars($)
Post Posted: Thu Sep 25, 2008 10:10 pm    Post subject:
Like 0
Dislike 0
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#479 75

Feel free to ask if you have further queries

Sussane
Susanne

Guest
Post Posted: Fri Sep 26, 2008 1:52 am    Post subject:
Like 0
Dislike 0
Hi jaminkat!

It will be better if you could consult a person dealing with Capital Gains Tax.
Quick Reply
Your Name
Subject
Image Verification


Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours
Page 1 of 1

 


Refinance Quotes
Call for Rates
Speak to a lender now.
We will match calls to our toll free number with our network of lenders.
Highlights
Financial Tools
• Credit Repair Tool New
• Mortgage Planner
• Simple Budgeting Tool

Helpful References
• 34 Tax tips boost your savings
• 12 financial ways for Seniors
• Budgeting Lesson 1
• 401k/403b Retirement Loan

Calculators     [View all]
• Calculate Debt-Income Ratio
• Calculate Retirement savings
• Convert IRA to Roth IRA
• Tax savings in 1031 Exchange

Our Community
• MortgageFit Blog
• Community Professionals
• Community Rewards
• Introduce yourself
• Website tools

Community Rewards
• Five simple ways to earn money with the Mortgage Community.





Helpful Calculators
Popular Articles
Popular Discussions
About Us|Contact Us |Privacy Policy|Testimonials |RSS Feeds |Site Map
Community Chat
We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0
Page loaded in 21.059 seconds.