When you sale a property that you inherited, you will have to examine if there was any taxable capital gains . This is so because you are liable to pay tax on any capital gains earned on such a sale… Read More »How to calculate the adjusted basis of the property?
capital gains tax on real estate investment property
Capital gains calculator will help you to estimate tax on long term capital gains or short term capital gains
Internal Revenue Code (IRC) has provision that will exempt capital gains on sale of house property under certain situation