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TOKYO (AP) — Nintendo Co.’s profit for the fiscal year that ended in March jumped 86% on healthy sales of its Switch handheld machine as people stayed home due to the pandemic, turning to video games for entertainment.

Q. I purchased a condominium from my mother in 1997 for a small nominal fee after living in it for 10 years. My question is, if I sell the unit now, would I pay taxes based on the county’s appraised value in 1997, of which I am unaware, or do I pay taxes based on the purchase price from my mother that is stated on the deed transfer?

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WallStreetBets, which has more than 2 million followers, is littered with posts cheering the stock gains and no small amount of righteous indi…

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Q: I have a question about selling your home and trying to determine the cost basis for tax purposes. Is the profit the difference between the sale price of the house today against your current mortgage balance? Or is it the difference between the sale price today against the original purchase price.

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