Recent content by edengonzalez

:confused: What is the name of your state?Nevada If I have owned Vacant land for 8 months, and decide to sell it would I be paying income tax in my bracket or capital gains on my profit (I own the land outright) How can I find out which is more? I know that capital gains is 15% but what is...

What is the name of your state?Nevada My husband and I are gifting a peice of property to his father the value is over the 11,000 each that we can give to him, so we are filing a gift tax return, my question is do we need to get and appraisal of the property before we gift it to him so that we...

What is the name of your state? nevada What is the gift tax amount on something that is about worth about $75000? I posted on the real estate forum and was directed here by them.

What is the name of your state? Nevada I'f i were to transfer a title of some vacant land property over to my father as a gift, what would be the gift tax I or he would have to pay saying the value of this property being 75,000?

What is the name of your state? Nevada We own land outright, if we decide to sell it (perhaps to a family member) do we HAVE TO sell it for market value or can we choose any price, even as low as $1.00? Thanks

What is the name of your state? Nevada My husband And I own vacant land outright. We would like to give it to his father so he can use it to retire. is this a transfer,special gift of deed,or deed of gift? what are the legal ramification of doing this? and is it possible? Thank you