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The time now is 10/06/08 - 21:16

CGT Property valuation


RealCool.BIZ Forum Index -> Tax -> Capital Gains Tax

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karlan
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Joined: 05 Mar 2004
Posts: 4



PostPosted: 11/11/07 - 07:20    Post subject: Reply with quote

I would like to know how are they accounting capital gain taxes, are there some people who come to my property and just say – it is better, more valuable, bigger question is how do they know what was it like when I was buying it? OK, there must be some papers, but if they are lost? My papers are so old that I can’t remember really where have I putted them, and I don’t believe there are copies since it was a long time ago. How can they evaluate my property?
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ricard
Apprentice


Joined: 02 Jun 2004
Posts: 5



PostPosted: 12/11/07 - 01:49    Post subject: Reply with quote

They will do something; there is nothing for you to worry. Of course, there must be a way for you to prove that property you are planning to sell is actually yours, and the rest is a problem of people who will deal with cutting your cash. Houses are now almost free from that kind of expense, since they do not last so long anymore…
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