close
    1. Home
      2. ›
    2. Business & Finance
      3. ›
    3. Taxes
      4. ›
    4. United States
      5. ›
    5. If you sell a property and have to pay capital gains tax, do you still have to pay ordinary tax?
    If you sell a property and have to pay capital gains tax, do you still have to pay ordinary tax?

    Answer this
    0  Views: 313 Answers: 1 Posted: 14 years ago
    Comment this question

      1 Answer

      You will be required to recapture the depreciation at ordinary income tax rates or capital gains.
      14 years ago. Rating: 0
      Comment this answer



        Did this answer your question? If not, then ask a new question.

        Top contributors in United States category

         
        ROMOS
        Answers: 62 / Questions: 0
        Karma: 3105
         
        Colleen
        Answers: 168 / Questions: 0
        Karma: 2910
         
        Benthere
        Answers: 1 / Questions: 0
        Karma: 1530
         
        country bumpkin
        Answers: 24 / Questions: 0
        Karma: 1485
        > Top contributors chart

        Unanswered Questions

        georgedjurasevic
        Answers: 0 Views: 10 Rating: 0
        AF88 Nhà Cái Giải Trí Trực Tuyến Với Hệ Thống Bảo Mật Cao
        Answers: 0 Views: 13 Rating: 0
        Andrew Merola
        Answers: 0 Views: 14 Rating: 0
        vuialonetok365
        Answers: 0 Views: 12 Rating: 0
        X333 – Plataforma de entretenimento online confiável
        Answers: 0 Views: 13 Rating: 0
        DA88
        Answers: 0 Views: 11 Rating: 0
        bdtk66win
        Answers: 0 Views: 16 Rating: 0
        debet1vip
        Answers: 0 Views: 17 Rating: 0
        > More questions...
        527598
        questions
        763767
        answers
        874865
        users