Hi everyone. Thanks for taking a sec to help a less-experienced investor out.
I’ve got a rental property that I’m selling that should close in mid-March. I’ve owned it for 4 years and make less than the 488K+ threshold, so I’m expecting to pay 15% on profits.
My question: should I pay estimated taxes on it to avoid penalties later? If so, are they do in the quarter that I close (Q1)?
Submitted February 18, 2020 at 08:25PM by micknc453 https://ift.tt/2SGXrFH
