Fool.com: Capital Gains Tax Rates [Tax Q&A] January 5, 2001:: Jan 5, 2001 Which capital gains tax rate applies to you depends on more than just are business or rental real estate, collectibles, depreciation, http://www.fool.com/taxes/2001/taxes010105.htmHOME | We own a home and a condo. The home is our primary residence. Can one
of us move into the condo and establish it as our primary residence
and then in two years sell it and not have to pay capital gains tax on
it ?
Yes I am married and we live in Southern California.
Tax Law (Questions About Taxes): real estate capital gains tax :: Subject: real estate capital gains tax Question My father (who is single) was offered $750000 for his home. He bought it in 1986 for $100000 and owes http://en.allexperts.com/q/Tax-Law-Questions-932/2008/8/real-estate-capital-gains-1.htmHOME | The Last Psychiatrist: The Next Step: Suspend The Capital Gains :: Oct 9, 2008 According to the CBO, in 2002, real estate accounted for 10% of capital gains tax revenue, and stocks 90%. This was during a period of real http://thelastpsychiatrist.com/2008/10/the_next_step_suspend_the_capi.htmlHOME | in general the answer would be YES,
however,
assume you move to condo and sell it after two years
because you both own it - each of you would have capital gain
you will have tax exeption, but your better half will not
the same will be with house - you will pay taxes, but your spouce will not.
the ideal variant is - after two years living in house you BOTH move
to condo, and if selling after four there will not be tax
circumstances
another option - you own condo and your spouce owned the house (not
jointly) and live separetaly for two years. this option doesn't work
in California because it is a community property state, thus all
property acquired during the marriage is the result of the combined
efforts of both spouses. In community property jurisdictions, spouses
equally own all community property (fifty percent owned by the husband
and fifty percent owned by the wife). FactCheck.org: Would raising the capital gains tax rate hit the :: Apr 30, 2008 That means that raising capital gains tax rates could not affect 87 realized from the sale of such assets as stocks or real estate.) http://www.factcheck.org/askfactcheck/would_raising_the_capital_gains_tax_rate.htmlHOME | The Capital Gains Unrecaptured 1250 Tax Trap: Real Estate :: Unrecaptured 1250 Real Estate Capital Gains Tax Trap. http://www.rentalsoftware.com/recapture-tax.htmHOME |
Where was the last debate on wednesday with Mccain and Obama?
INSTANCE / WAITING FOR SPRING
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