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Is sale of real estate from a trust taxable?

If we sell a property that is in a trust, do we have to pay taxes? And who is responsible for the taxes, the trust? Thanks

5 Answers

How to report real estate sale on tax return?

I sold a property last year and need to report it. How do I report a real estate sale on my tax return?

3 Answers

Is land a good investment?

We can't afford a second home, but I'm wondering if buying land and hanging onto it is a good investment. Maybe we could build in the future or more likely sell it down the road. But is this a good investment or not? Thanks

7 Answers

Are solar panels worth the investment?

Are solar panels worthwhile? I live in Illinois where it's cloudy often in the winter. I'm also worried about putting holes in my roof. But I wonder if the cost savings is worth it? Also, does it add any value to my home?

7 Answers

Bigger master bathroom vs bigger master closet ?

We have a small master bathroom and two small closets in the master bedroom. Should we expand our master bathroom into one of the small closets leaving just one small/medium closet?

3 Answers

how do I rent or sell office property?

office building right on main lane highway with lots traffic by property day and night. How do I go about getting it listed and ready to sell?

3 Answers

If I put my house on the market for sale will it stop my property tax auction?

If I put my house on the market for sale will it stop my property tax auction

4 Answers

How do i buy a house overseas?

Do i have to get an international real estate agent or can i use one here? what extra fees do I have to pay?

10 Answers

If my area redistricts schools can I still get in a school?

We bought specifically to be in a good school district. My kids are young and now they are talking about redistricting, and we'd be in a different highschool by the time my kids are old enough. What can I do if I don't want to move?

12 Answers

Should I replace my hollow doors?

My house was built in 1934 but someone replaced all the the interior doors with hollow ones, not solid wood. It seems weird in this historic house. Is it worth my money to replace them all before selling? - Rick

11 Answers