Question
I owe $46k on a $50k business loan that I got and purchased a home with. Tree fell on home got substantial insurance claim. I
I owe $46k on a $50k business loan that I got and purchased a home with. Tree fell on home got substantial insurance claim. I just sold home home for $85k. I made a $35k profit after closing costs. How much do I owe in taxes on that $35k? If any?
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To determine how much you owe in taxes on the 35000 profit from selling your home you need to consid...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
