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Question
I've been living off an inheritance and haven't had income. I want to sell my home in California, buy 2 properties in N Carolina and rent one of them. I have lived here just over 1 year - how much capital gains will I pay?
AI accountant’s answer:

Hi there! I can't tell you exactly how much tax you'll owe. I would contact a tax professional for further guidance.

No answer given yet!

Answer

Hi there! I can't tell you exactly how much tax you'll owe. I would contact a tax professional for further guidance.

No answer given yet!

Keeper Staff

Keeper is a delightfully smart tax filing software that's especially useful for people with 1099 contracting and freelance income. Our blog breaks down IRS guidance with real-world examples and analysis by tax professionals — empowering taxpayers to save money and take control of their finances.

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