Home Selling in Reseda : Advice

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So Cal Homes…, Real Estate Pro in Hemet, CA
So Cal Homes 951-821-8211 answered:
if i sell my homefor a 200,000 dollar profit, is this considered part of my adjusted gross income for the year?
Is it your principle home residence or an income property?

We can not give tax advice consult with your CPA


Harold Sharpe - Broker
So Cal Homes Realty
(951) 821-8211
harold@ ... more
0 votes Share Flag Sat Oct 13, 2012 Home Selling in Reseda
Ed V, Both Buyer and Seller in 92880
Ed V answered:
Hello, I'm president of a homeowner association in California and we have someone going through a divorce and
Atty contacted - he said to file a lawsuit against the HO. At $1,500 per lawsuit and 10+ HO to file against you can see where we (the HOA board) currently is. Stuck!
0 votes Share Flag Fri Dec 12, 2008 Home Selling in Reseda
Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
i have my ex on title of the house and he would not agree to sell it, how can i make him? or should i just
is it an ex boyfriend or husband, if husband teh divorce decree should tell you what can or cant be done,. if it is just an ex boyfriend you may need to go to court to get home removed, ... more
0 votes Share Flag Wed Sep 24, 2008 Home Selling in Reseda
Joanna Lane, Real Estate Pro in Southold, NY
Joanna Lane answered:
Do you get taxed on the net profit or the sales price when you sell a home?
Shel-lee, thank you for clarifying the difference between net profits or net proceeds and net gains. That part wasn't clear in my own answers and I agree that it's a concern in the curr ... more
0 votes Share Flag Sun Jun 8, 2008 Home Selling in Reseda
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