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  2. Can You Avoid Capital Gains by Buying Another Home? - AOL

    www.aol.com/finance/avoid-capital-gains-buying...

    When you sell your home, the IRS allows one major form of capital gains break. It’s called the home sale exclusion, and it allows you to deduct a significant amount of the profit from your home ...

  3. Capital gains tax on real estate and selling your home - AOL

    www.aol.com/finance/capital-gains-tax-real...

    For investment properties, capital gains taxes can be deferred with a Section 1031 like-kind exchange, in which you use the profit from the sale of one investment property to buy another of equal ...

  4. Can I Lower My Roth IRA & Estate Taxes? - AOL

    www.aol.com/avoid-capital-gains-tax-real...

    The Capital Gains Exclusion If you profit off the sale of your home, you can exclude the first $250,000 of that profit from taxes. For married couples filing jointly, that number increases to ...

  5. Internal Revenue Code section 1031 - Wikipedia

    en.wikipedia.org/wiki/Internal_Revenue_Code...

    In highly appreciating markets, people may take the opportunity of selling their personal residence (where no capital gain is due below $250,000 for a single person or $500,000 for a married couple—see Taxpayer Relief Act of 1997) and moving into a former rental property for a specified time period in order to turn it into their new personal ...

  6. Sold Your Home for Profit? You Might Have to Pay Capital ...

    www.aol.com/finance/sold-home-profit-might-pay...

    Capital gains tax is not only applicable to stock investors -- if you're one of the many who sold their home for a major profit this year, you might owe the IRS. See: 32 Insider Tips for Buying and...

  7. Capital Gains on the Sale of a Second Home - AOL

    www.aol.com/finance/capital-gains-sale-second...

    Capital gains tax applies when you sell an asset for more than you paid for it. While the IRS typically offers an exclusion for capital gains from the sale of a primary home, the rules are a ...

  8. Calculating Your Capital Gains Taxes - AOL

    www.aol.com/finance/im-selling-home-netting-750k...

    While long-term capital gain rates can be 0%, 15% or 20%, keep in mind that any gain that exceeds the exclusion limit may also be subject to the net investment income tax (NIIT), a 3.8% tax that ...

  9. Capital Gains Tax Impact - AOL

    www.aol.com/im-selling-house-netting-640k...

    Assuming you pay 15% on capital gains, you’ll owe $21,000 ($140,000*0.15) in federal taxes after applying the exclusion if you’re married and filing jointly.