joelm
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Re: Capitol gains tax?
ol' yeller wrote: By all means, I plan on consulting with a tax professional when the time is near. I thought it was likely that I would have the tax year to sell and still claim the "married" exemption. I just appreciate this being brought to my attention while I can still plan for it. Home prices have shot up incredibly here. With Microsoft, Nintendo, and Amazon being headquartered here, they are bringing well salaried people here from all over the world. It is amazing to me to think that our S&B has increased almost $500K in 7 years. My neighbors are selling their homes for cash with no inspections or contingencies. I know, that's just crazy. I think that going fulltime will help me keep much of that in my bank account and not go to the Federal Treasury. I'm going to need it as my DW's illness has drained our bank accounts. Actually your basis should reset to the value on the day she passes. The $250K exemption is then applied to anything over the that basis1.5KViews0likes0CommentsRe: If you know anyone with land, tell them to build an Rv Park
We were in the planning stage for our RV park but were approached by a hotel company wanting to lease our property for several hotels. We will have no cash and no effort into the project or operations but will receive checks that are multiples of anything that we could have possibly made with an RV Park. For the next 75 years. Hard for an RV Park to complete for ground.570Views0likes0CommentsRe: Contacting owner of lost wallet. What is best way.
I was getting on I5 and there was a wallet laying in the onramp. Googled the owners name With a little searching I found an email address and emailed them. Got a response about 30 min later and it turned out that they were about 15 minutes in front of me. They took the next exit and waited for me. He had left it on top of car while getting gas and didn't realize it was missing until his wife got the email.992Views0likes0Comments
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