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Updated over 4 years ago on . Most recent reply

Ginny Somerville's profile image
Ginny Somerville's profile image
Ginny Somerville
  • Wholesaler
  • from Elk Grove, California
  • Member since Sep 8, 2015
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Ginny Somerville's profile image
Ginny Somerville's profile image
Ginny Somerville
  • Wholesaler
  • from Elk Grove, California
  • Member since Sep 8, 2015
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Ginny Somerville
  • Wholesaler
  • Elk Grove, CA
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Tax, SDIRAs & Cost Segregation

Tax question on sale of house used for storage last nine years.

Ginny Somerville
  • Wholesaler
  • Elk Grove, CA
Posted

A friend in Fresno CA is selling a house he owned for over 30 years. Nine years ago he bought a different property that he overnights in, but continued to use the original house for storage of belongings and vehicles. He needs information on filling out the forms at escrow regarding taxes such as capital gains taxes. Thanks,

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