Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "How to avoid capital gains tax on house sale"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous]Question. I had to refinance and bought my ex out of the house. If I sell, is the capital gains related to the assessed value when I started owning the house or when I first bought the house with him?[/quote] If only there were professionals who could answer these questions...[/quote] Has nothing to do with refinancing. Usually you value half the house at the originally purchase price and half at the value at which you received the other portion of the ownership, assuming it was jointly owned. You should have some way to determine the value at the divorce - presumably you had to buy him out or exchange the house for another asset.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
