Kayla S. asked

💰  Tax

I am getting divorced and we agreed to divide our assets, including a condo we sold for a gain of $93,000. We never lived in it. Do we have to pay taxes on this gain?

June 25th, 2024

William W. answered

Yes, you will have to pay capital gains tax on the gain from the sale of the condo. The formula to c...

June 25th, 2024

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