Is there a calculator for estimate capital gains tax? I’ve heard 40% of profits as a general rule. I understand there are several variables. Any help appreciated. Thx!

I will be selling some land that I own and am having trouble understanding the tax that will be due. I entered the figures into 2020 tax software but the amount due does not match my understanding of tax computation. ...

Me and my wife have lived in our home for almost about a year and a half.  We have gained quite a bit of equity in our home and are wanting to move into a larger home.  We have found out that since we haven't lived th...

When Burrrring a property and the down payment or the full purchase price is made using funds from a HELOC, when refinancing, do you have to pay capital gains taxes if the money is used to pay off the HELOC?

I inherited a property in a trust. Father passed away. Trust is now irrevocable.
im successor trustee. I paid for a date of death appraisal. 
i was under impression I get a step up in basis for sale of property if s...

I am selling financing a mobile home for 1,200,000 at 6.5% for 20 years.200,000 down, 1,000,000 mortgageI will be subject to 400,000 on the recapture tax so I've taken the steps to reinvest the 200,000 down payment.Ho...

AllI have a rental home in Folsom that I recently started using a PM for. The rent is 2095 but only cashflows about 100$ PM as i have  a 15 year mortgage. I have an equity of 250K plus in the home now, so I am ok that...

Investment Info:

Single-family residence buy & hold investment in Inkster.

Purchase price: $38,000

Cash invested: $38,000

Purchased a single family home in Inkster that was partially renovated. I...

Hello! If I sell my primary residence within one year, can I still use the cost adjusted basis and count my improvements and commission paid to either breakeven or show a loss and avoid capital gains tax since it woul...

My property is paid off, but I don’t have the money to renovate. How do I gain capital need help.