Posts Tagged ‘first house’
We bought a new home under the impression that our old home would sell for more than it is. We cant do it Help
We now won’t get enough for our first house, the banks won’t loan us any money fir a second mortgage on our new house because of debt to income ratio. We just need enough to take care of whats left on the first home after the sale. What do I do?
Posted in Real Estate | 
Tags: Banks, cant, debt, debt to income ratio, fir, first house, home, house, impression, income, money, mortgage, ratio, second mortgage | 
5 Comments »
If I sell a home do I have to pay income tax,?
If one sells a primary residence, at what age is he exempt from paying income tax on the proceeds. If he buys another house, does he or she have to invest all of the proceedsof the first house in the new house. Is this a one time thing
the exemption from income tax on the sale of the home and at what age does this exemption take place.
Posted in Real Estate |
Tags: age, first house, home, house, income, income tax, proceeds, proceedsof, residence, tax, thing, time, time thing |
6 Comments »
