I owe $46k on a $50k business loan that I got and purchased a home with. Tree
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I owe $46k on a $50k business loan that I got and purchased a home with. Tree fell on home got substantial insurance claim. I just sold home home for $85k. I made a $35k profit after closing costs. How much do I owe in taxes on that $35k? If any?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: