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  2. Understanding taxes when buying and selling a car - AOL

    www.aol.com/understanding-taxes-buying-selling...

    If you spend $7,000 on a car and an additional $1,000 on improvements, but you sell the car for $7,000, it's considered a capital loss, and you don't need to pay tax on the sale.

  3. Property tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Property_tax_in_the_United...

    Fair market value is that price for a willing and informed seller would sell the property to a willing and informed buyer, neither being under any compulsion to act. Where a property has recently been sold between unrelated sellers, such sale establishes fair market value. In other (i.e., most) cases, the value must be estimated. Common ...

  4. Will I Owe Taxes if I Sell My Home? - AOL

    www.aol.com/owe-taxes-sell-home-115700974.html

    It can be any type of home, such as a single-family home, townhouse, condo, mobile home, tiny home, or houseboat. While you can own other properties, like vacation homes or rentals, they don’t ...

  5. Purchase and sale agreement - Wikipedia

    en.wikipedia.org/wiki/Purchase_and_Sale_Agreement

    The entity disposing, conveying, and selling the assets is referred to as the seller or vendor. [3] A PSA sets out the various rights and obligations of both the buyer and seller, and might also require other documents be executed and recorded in the public records, such as an assignment, deed of trust, or farmout agreement. [4]

  6. Bill of sale - Wikipedia

    en.wikipedia.org/wiki/Bill_of_sale

    A bill of sale is a document that transfers ownership of goods from one person to another. It is used in situations where the former owner transfers possession of the goods to a new owner. Bills of sale may be used in a wide variety of transactions: to sell goods, exchange, give, or mortgage objects.

  7. What documents do I need to sell my car? - AOL

    www.aol.com/documents-sell-car-150000657.html

    Items such as the car's title, maintenance record and a bill of sale are all among the paperwork you'll need to sell your car. This guide from CarGurus runs through what all these items are. Also ...

  8. Real estate contract - Wikipedia

    en.wikipedia.org/wiki/Real_estate_contract

    The successful sale of another house may be needed to finance the purchase of a new one. Appraisal contingency – Purchase of the real estate is contingent upon the contract price being at or below a fair market value determined by an appraisal. Lenders will often not lend more than a certain percentage (fraction) of the appraised value, so ...

  9. Big changes to how you buy and sell a home go into effect ...

    www.aol.com/big-changes-buy-sell-home-070002756.html

    Commissions usually total 5% or 6% of a home’s selling price, so for a $450K home, roughly the average price of a home in the US, a seller would be responsible for $27,000 in fees.

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