I have sold my land and gained capital from the sale. What is the smartest move to make sure I pay little or not tax on it? Shall I pay my mortgage down with it?
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I have sold my land and gained capital from the sale. What is the smartest move to make sure I pay little or not tax on it? Shall I pay my mortgage down with it?
I have sold my land and gained capital from the sale. What is the smartest move to make sure I pay little or not tax on it? Shall I pay my mortgage down with it?
What you do with the profits has no affect on the tax-ability of the sale that already happened.