Home Selling in 34287>Question Details

dynamo32, Home Buyer in North Port, FL

estimating Capital gains

Asked by dynamo32, North Port, FL Sat Jun 28, 2014

We're about to sell property for $125,000 that we purchased for $50,000 and added approx 10,000 in improvements. How do I estimate capital gains on the sale?

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2
Here is a web link to a capital gains calculator online.
http://www.homegain.com/sellertools/capital_gains_calculator
0 votes Thank Flag Link Sun Feb 22, 2015
If it is your primary residence there won't be any cap gains.
0 votes Thank Flag Link Sat Jun 28, 2014
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