Posts Tagged ‘10 years’

do you have to show the profit you make on your house selling for taxes?

Wednesday, February 23rd, 2011

When you sell your primary place of residence (lived there 10 years), do you have to include the money you made on the sale after property taxes are paid and the mortgage on your income taxes? Is it considered an income? Technorati Tags: 10 years, income taxes, money, mortgage, primary place, property taxes

What will I get from selling our house after 10 years of a 30 year fixed loan?

Friday, June 18th, 2010

We are paying rent for 1800 a month for the last 5 years and we feel that we are really wasting our money . We have been offered a 300-350K for a mortgage on a fixed interest of 6.5%. Our dilema is that how much will we get back after 10 years if we bought [...]