FreeAdvice has a new Terms of Service and Privacy Policy, effective May 25, 2018. By continuing to use this site, you are consenting to our Terms of Service and use of cookies.
Massachusetts. When section 1237(b) applies and one's basis is subtracted from selling price, is the remainder treated as ordinary income or only 5 percent charged to ordinary income? I"m talking about a capital gain property and I think afetr the basis is subtracted, this amount is a capital...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.