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2. Capital gains tax on real estate and selling your home - AOL

   www.aol.com/finance/capital-gains-tax-real...

   Losses in investment property income due to tenants unable to pay rent. Cost of legal, professional and advertising fees to evict a tenant or find a new one. Closing costs from the property sale. FAQs

3. Avoid Capital Gains Tax When Selling a House - AOL

   www.aol.com/avoid-capital-gains-tax-selling...

   Taxes come into play almost any time you make money. So, if you make a profit off the sale of your property, you’ll probably run into capital gains tax.For example, if you purchased a property ...

4. Selling a rental property? Here are the tax consequences - AOL

   www.aol.com/news/selling-rental-property-tax...

   You’re not eligible for the $250,000-per-person home sale profit exclusion, and in addition to paying capital gains tax you also face a depreciation recapture tax of 25%.

5. Loss on sale of residential property - Wikipedia

   en.wikipedia.org/wiki/Loss_on_sale_of...

   To calculate the loss on residential property that was converted into a rental, prior to the sale of the property, Treasury Regulation section 1.165-9(2) states that the basis of the property will be the lesser of either the fair market value at the time of conversion or the adjusted basis determined under Treasury Regulation section 1.1011-1.

6. Character (income tax) - Wikipedia

   en.wikipedia.org/wiki/Character_(income_tax)

   The IRS characterizes income or loss as a capital gain or loss depending on how the taxpayer generates the gain or loss. When the taxpayer invests in real estate or security and then later sells that piece of real estate or security, the IRS characterizes the amount that exceeds the purchase price as capital income while the amount that falls short of the purchase price is capital loss.

7. Tax-deductible loss - Wikipedia

   en.wikipedia.org/wiki/Tax-deductible_loss

   To qualify, the loss must not be compensated by insurance and it must be sustained during the taxable year. If the loss is a casualty or theft of personal property of the taxpayer, the loss must result from an event that is identifiable, damaging, and sudden, unexpected, and unusual in nature, not gradual and progressive.

8. How you could benefit from tax-loss selling this year - AOL

   www.aol.com/could-benefit-tax-loss-selling...

   To benefit from a tax loss that in turn can help you save on taxes, you need to find holdings in your taxable portfolio that are trading below your cost basis — your purchase price adjusted ...

9. Disposal tax effect - Wikipedia

   en.wikipedia.org/wiki/Disposal_tax_effect

   The relevant book value in this case is determining the tax gain or loss of the asset. The tax basis then is the difference between the original cost and any accumulated depreciation. The disposal tax effect (DTE) is also calculated by getting the difference between the UCC cost and the salvage value and then multiplying it by the tax rate (TR).[1]