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Selling Your Home(s) (Series 400: Owners and Sellers)

Holmes F. Crouch




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 | #5198884 in Books |  2001-09 | Original language:English | PDF # 1 |  .57 x5.78 x8.30l, | File type: PDF | 224 pages

||0 of 0 people found the following review helpful.| Not simple, and possibly outdated.|By Judith H.|This book was not quite as I expected. It has no glossary and is somewhat difficult to understand. You could say that it lacks simplicity for the ordinary person who just wants to understand the $250,000. exclusion and the IRS schedules and forms needed for filing a return after the sale of one's home. I also question whether o|About the Author|Holmes F. Crouch has been a tax professional since 1972. He is an active tax preparer and consultant and has taken the IRS to court six times. He lives in Saratoga, California.

On average, occupationally active persons will buy and sell between five and eight residences over their lifetimes. As they do so, current tax laws permit them to exclude from capital gain a large sum of money, regardless of age. In this heavily revised edition, a true tax professional explains how to accumulate tax-free money, while clarifying any preconceived notion concerning presale or postsale tax matters.



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