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Updated over 6 years ago,

Ouman You's profile image
Ouman You's profile image
Ouman You
  • Member since May 24, 2018
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52
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Ouman You's profile image
Ouman You's profile image
Ouman You
  • Member since May 24, 2018
Connect
Ouman You
15
Votes |
52
Posts
California Real Estate Q&A Discussion Forum

How much we will owe?

Ouman You
Posted

Hi guys,

I need help figuring this out before hitting the CPA office.

House was bought in the 70s 80k, single, 200k renovation, market value 3.5 mil the house in California....how much capital gain taxes state and federal needs to be paid after the sale in 201o (new tax)?

Thank you,

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