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• 1. S

     Capital gains on sale of home - trading

     I'm in the process of selling my home. If I sell it I stand to make about $450,000 in capital gains. Since I'm single, I would have a $250000 exclusion so I would be taxed at 15% of $200,000 (or about $30,000) and that doesn't even include state tax. I've been talking to a builder who would...

     • SANDBRJ
     • Thread
     • Feb 2, 2006
     • Replies: 0
     • Forum: Tax Law
  2. S

     Selling-trading home with builder -capital gains

     I'm in the process of selling my home. If I sell it I stand to make about $450,000 in capital gains. Since I'm single, I would have a $250000 exclusion so I would be taxed at 15% of $200,000 (or about $30,000) and that doesn't even include state tax. I've been talking to a builder who would...

     • SANDBRJ
     • Thread
     • Feb 1, 2006
     • Replies: 1
     • Forum: Buying & Selling a Home
  3. S

     Contract with listing agent

     What is the name of your state?What is the name of your state?virginia I had a contract with my agent to sell my home. The signed contract expired on 1/13. I told him by email that I would extend to 2/13 but we never did an updated signed contract. Is my contract with this agent still valid...

     • SANDBRJ
     • Thread
     • Jan 17, 2006
     • Replies: 1
     • Forum: Buying & Selling a Home
  4. S

     Hiring a contractor w/out Liability/Workers comp insurance

     What is the name of your state?virginia My neighbor and I are looking at adding a bulkhead, and are considering the use of a contractor that doesn't have workers comp/liability insurance. We are very concerned about this because I know if they are hurt or hurt someone else I know we are liable...

     • SANDBRJ
     • Thread
     • Feb 16, 2005
     • Replies: 7
     • Forum: Construction & Renovation