Insurance, Kentucky Insurance

“……When you sell your primary residence, you can make up to $250,000 in profit if you’re a single owner, twice that if you’re married, and not owe any capital gains taxes…..

When the Taxpayer Relief Act of 1997 became law, the home-sale tax burden eased for millions of residential taxpayers. The rollover or once-in-a-lifetime options were replaced with the current per-sale exclusion amounts…. Capital Gains Taxes on home sales”

disclaimer: We are not tax experts, this is not tax advice, call your CPA or tax attorney first

Call Dick Watts Insurance today for a rental property insurance or Kentucky homeowners insurance quote 502-245-3625
Investment Property Like Kind Exchanges

This entry was posted on Tuesday, January 2nd, 2007 at 9:23 pm and is filed under Rental Property Insurance KY, kentucky, real estate, taxes. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.