Advice Topic:
Finance & Legal Info

Do you need to report sale of real estate at a loss?

Do you need to report sale of real estate at a loss?

Are home improvements tax deductible when selling a home?

Just wondering if I should do some home improvements before I sell. Would they be tax deductible or is there any kind of tax benefit?

How to avoid capital gains tax on real estate?

Hi, How do I avoid paying capital gains tax on real estate? We're planning to move, rent for a bit to see what neighborhood is best for us, and then buy a home. It might take a year or so before we buy our next home. But we don't want to pay capital gains tax. Is there a way to avoid this?

Do I get my earnest money back?

Help me understand earnest money. What is it? Why do I need to pay it? Does it go towards my home purchase? What if I back out, do I get that money back? Clearly I need some help in understanding how this works. Thanks.

Is sale of real estate from a trust taxable?

If we sell a property that is in a trust, do we have to pay taxes? And who is responsible for the taxes, the trust? Thanks

How to report real estate sale on tax return?

I sold a property last year and need to report it. How do I report a real estate sale on my tax return?

If I put my house on the market for sale will it stop my property tax auction?

If I put my house on the market for sale will it stop my property tax auction

Can the new owner of the rental property I live in kick me out?

The rental property that I'm living in now was sold to a new owner. The new owner wants to kick me out, remodel the unit, and re-rent the unit for a higher price. Is that legal?

What can I get away with not fixing when I sell my home?

Are inspections required for Hope purchases in New Jersey?