I live in 3 family home paid 115k refinance for 192k if i sell how much taxes do i have to pay, i dont work?
Thursday, January 15th, 2009
amarilis r asked:
I live in a 3 family home. I live on the 1st floor rent the other 2 apartments. I want to sell. I paid 115k , I refinance now i owe 192k. The sell price is 255k giving the buyer 8,000 back in closing. Living me with 247k. How much tax do i have to pay and i don’t work? I own this house since 2002.
Lester
I live in a 3 family home. I live on the 1st floor rent the other 2 apartments. I want to sell. I paid 115k , I refinance now i owe 192k. The sell price is 255k giving the buyer 8,000 back in closing. Living me with 247k. How much tax do i have to pay and i don’t work? I own this house since 2002.
Lester