Get free answers to your Tax Law legal questions from lawyers in your area.
answered on Mar 7, 2017
There is too little information to provide you advice on this matter.
answered on Sep 29, 2013
When property is sold or exchanged you may be taxed on the gain. A gain is the amount you realize from a sale or exchange of property that is more than its adjusted basis. Generally, the adjusted basis is the cost of the property. The amount you realize is defined as the money you receive plus the... View More
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