Posts tagged as:

home-sales

Ask the taxgirl: Differing Homebuyer Credits

3 May 2010

Taxpayer asks: If i understand this the right way if i bought my home between April 9 of 2008 and July 1 2009, you have to repay the amount back over 15 yrs. I bought my home and closed on it July 31, 2009. I got the credit on my taxes for 2009. If i [...]

1 comment Read the full article →

Fix The Tax Code Friday: Home Sales

20 July 2007

I listed my house for sale this week (yes, you can expect lots of home-related posts in the next few weeks). While we expect to benefit from a boost in the market since the time we bought our house, we aren’t going to make the kinds of crazy profits that you’ve been hearing about in [...]

0 comments Read the full article →

Ask the Taxgirl: Home Sales

22 March 2007

Taxpayer asks:I sold a primary residence last yr and bought a new one.  I did not gross over $250,000 on the sale of the house. What figures should I pay attention to for reporting purposes from the closing sheets? I presume that any taxes paid out prior to the sale of the house are on [...]

0 comments Read the full article →