The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/irasmilos-calculation-of-118500-21815263.aspx

Subject:  irasmilo's calculation of $118,500 Date:  12/27/2004  9:17 PM
Author:  CUBE2U2 Number:  74980 of 121061

How did you come up with $118,500 in taxes for selling land with a purchase value of $160,000 and sold for $790,000.
This sounds great.



Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us