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ESTAPLACE.COM REAL ESTATE - FREE LISTING SERVICE -
is an accommodation and real estate directory, where real estate property owners or real estate agencies connect with vacationers and home buyers worldwide. If you are a seller, you can add listings in few seconds, and if you are a buyer you can search listings to find your dream property!
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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Mon, 15 Aug 2005 08:56:39 -0400
/ Author of the message: "Grover C. McCoury III" |
Title of the message: |
Re: Capital Gains Tax -- How Big a Factor?
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Text of the message: |
If you have owned and *lived* in your principal residence an "aggregate" two of the five years before its sale, you qualify for up to $250,000 tax-free profits. If you're married and your spouse also lived in the principal residence an "aggregate" two of the five years before its sale, and if you file a joint tax return for the year of the home sale, you can qualify for up to $500,000 of total tax-free home-sale profits. "Muffin" <muffin@buttered.net> wrote in message news:xONLe.904$Z%6.564@newssvr17.news.prodigy.com... >I just got a relatively good deal on a house and would like to do a few >upgrades and sell it soon. How big of a factor is capital gains tax? I've >read that if you sell after you've owned the house for more than two years, >you don't have to pay the tax. Is that correct, and how much is the >capital gains tax rate? There is a lot of buying and selling going on |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.