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tax on selling house less than 2 years

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pls2hlp

Guest
What is the name of your state? California

Just closed escrow on a house. Putting it back on market. What are the tax consequence ? What expenses/fees/cost/etc can be deducted from amount tax will be based on. What expenses/fees/cost/etc from original purchase can I also deduct ?
 


HomeGuru

Senior Member
pls2hlp said:
What is the name of your state? California

Just closed escrow on a house. Putting it back on market. What are the tax consequence ? What expenses/fees/cost/etc can be deducted from amount tax will be based on. What expenses/fees/cost/etc from original purchase can I also deduct ?
**A: please post in the Tax Law forum.
 

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