0
When your father is still alive and sales you land and you want to sell it what percentage do you have to pay to the IRS?
Updated: 8/16/2019
Wiki User
∙ 11y agoBest Answer
You don't necessarily have to pay any taxes on land sales, if they are structured in ways that avoid taxable transactions. Talk to your accountant about minimizing your taxes on selling real estate.
Wiki User
∙ 11y agoThis answer is:
Add your answer:
Earn +20 ptsQ: When your father is still alive and sales you land and you want to sell it what percentage do you have to pay to the IRS?
Write your answer...
Submit
Still have questions?
Related questions
Is the bee gee's mother and father still alive?
The mother is 83 and still alive
When did Father Arnold Renz die or is he still alive?
he is still alive
Is Phil Mickelson's father alive?
no, he is still alive
Who is the father of enchong dee?
hes father still alive?
How did Carrie Underwood's father die?
Her father is still alive
Is hector El father still alive?
Yes he still alive , just retire from music
Is David tenants dad still alive?
Yes, David Tennant's father is still alive.
Is Joe Biden still alive?
No, Joe Biden's father is not alive. His father passed away in 2002.
Ellen DeGeneres is her father alive?
doesn't everyone? Her father is Elliot Degeneres
Is Frank Lampard's father still alive?
Yes Frank Lampard father is alive, but the mother died recently.
Can a son make you sell the house after his father dies and the mother is still alive?
Can a son make you sell the house after his father dies and the mother is still alive?
Is Taylor swift's father still alive?
no she has a stepdad
Copyright ©2024 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.