Today TaxMama hears from Mark in Florida who asks. “I live overseas in Oman. I am selling property in Mexico. If I have the proceeds wired to my bank in Oman do I have to pay IRS capital gains?buy canadian finasteride online cpff.ca/wp-content/languages/new/canadian/finasteride.html no prescription ” Dear Mark, Are you an American? Are you familiar […]
Category Archives: Homeowners
Today TaxMama hears from Camilla in Georgia who is concerned. “My sister is wiring money to me from oversea as a loan, so I can buy a house.https://libaifoundation.org/wp-content/languages/new/fluoxetine.html Do I need to report it? And more importantly to pay tax on it?”
Today TaxMama hears from Carrie in Vermont who says, “I have a handicapped son. This spring we built a deck with ramp onto our house.buy cytotec online www.adentalcare.com/wp-content/themes/medicare/fonts/engl/cytotec.html no prescription I have heard that the deck cannot be taxed for property tax purposes because of this. Is that true?”
Today TaxMama hears from Rick in California who says “I’m selling a home in which I’m a 50% owner.buy viagra canada https://cpff.ca/wp-content/languages/new/canada/viagra.html no prescription This home was given to me by my living grandmother in 2001; which was given to her in 1994 by her living mother. The house will sell for $138,000.00 and I […]
On July 26, 2008, the Senate passed the “Housing Assistance Tax Act of 2008” (H.R. 3221). The president is expected to sign the bill. Among its provisions are: A refundable credit of up to $7,500 on the purchase of a principal residence by a “first-time homebuyer.” A first-time homebuyer is a taxpayer who hasn’t owned […]
Today TaxMama hears Kathy in Oklahoma who asks .https://www.datafactories.org/wp-content/languages/new/college-essay-service.html “Do I have to pay taxes on money withdrawn from an annuity in order to purchase a home?”
Today TaxMama hears from Gina in MD who tells us. “I have a tax lien that is over 10 years old. How can I remove it from the court records? It is not attached to my home and it has been file for over 10 years.”
Today TaxMama hears from Chris in NY. “In the terrible real estate market, we haven’t been able to sell our house. But someone contacted us who wants to rent most of it. The rest we would use for storage and occasionally for staying overnight. Meanwhile, we’ll move in with relatives and, hopefully, stave off foreclosure. […]
Today TaxMama hears from Melissa in Florida with this problem. “I paid a deposit and rate lock fee on a pre-construction condo on the Miami River in Oct 04. Closing is due in June 2008. I really cannot afford to buy this condo and make monthly mortgage payments. What is best? If I do not […]
Today TaxMama hears from Maureen in California who says. “I own a house with my 2 sisters equally since 2002.https://alvitacare.com/wp-content/languages/new/cytotec.html They want to buy my share out because I am getting married. Will this amount be considered taxable since we didn’t sell the house?”
Today TaxMama hears from Steve in Illinois with a long-distance marriage. “My wife and I work in different cities 100 miles apart.buy amoxicillin online https://pridedentaloffice.com/wp-content/languages/new/amoxicillin.html no prescription Out of necessity we have had to own two homes. We live in each equally, dividing our weekends at her house and then mine. She has taken another […]
Today TaxMama hears from Robin in Florida, who is getting divorced.buy uk sildenafil online www.mabvi.org/wp-content/languages/new/uk/sildenafil.html no prescription “I am getting a house settlement as part of my divorce and I am not sure if I need to reinvest into a home? Or will I to have to pay taxes on the amount?https://isihealthone.com/wp-content/languages/new/tadalafil.html ”