RegisterLog in Sign up with one click: Facebook Twitter Google Share on Facebook SELL (redirected fromselling) Also found in:Dictionary,Thesaurus,Legal,Financial,Idioms,Wikipedia. Related to selling:Personal selling SELL A gene on chromosome 1q23-q25 that encodes l-selectin, a cell surface adhes...
Land of Lincoln Legal Assistance Foundation Q: I sold my home last year. My real estate agent told me that in addition to state taxes, I may have to pay federal, capital-gains taxes. That doesn't make any sense. The home I sold wasn't much money - only about $40,000 - and I ...
Define preselling. preselling synonyms, preselling pronunciation, preselling translation, English dictionary definition of preselling. tr.v. pre·sold , pre·sell·ing , pre·sells 1. To sell in advance of construction. 2. To promote by means of advertis
If you want to pay no capital gains tax after selling your home for big bucks, please keep detailed receipts of all your home remodeling expenses. Take full advantage of the $250,000 / $500,000 tax-free profit exclusion rule until it changes as well. Also plan to make as little active...
Capital Loss If you sell inherited property for less than the basis, you have acapital loss. You can use this to reduce your capital gains income from other sales. For example, suppose you inherit a necklace appraised at $2,500, but when you sell it, it only brings $1,000. You can...
big task to take on, but one you can handle with the right preparation and determination, as well as all the essential paperwork for selling a home without a real estate agent. Once you’ve determined a price, prepared your home and list it for sale, you’ll be ready to land ...
Now that the cottage and land are for sale again, in a softened market for recreational properties, the trend has come full circle. It might even be starting again, driven by changes to thecapital gains taxand lower inflation and interest rates. ...
Land. A C.A. would advice you the exact exemptions and gains. If it was agricultural land at the time of selling, the Section 54B: "Exemption from Capital Gains on transfer of Agricultural Lands in certain cases" would be applicable if your Dad was doing agricultural activity on this land...
Capital Loss If you sell inherited property for less than the basis, you have acapital loss. You can use this to reduce your capital gains income from other sales. For example, suppose you inherit a necklace appraised at $2,500, but when you sell it, it only brings $1,000. You can...
All assets that don't fit into any other category. Furniture and fixtures, buildings, land, vehicles, and equipment usually fall into this category; Intangible assets (other than goodwill and going concern value). Copyrights and patents generally fall into this category.; ...