Re: If You Plan On Selling Your Home (913436) | |||
Home > OTChat | |||
[ Read Responses | Post a New Response | Return to the Index ] |
|
Re: If You Plan On Selling Your Home |
|
Posted by Dave on Mon Feb 27 05:42:36 2012, in response to If You Plan On Selling Your Home, posted by Train Dude on Mon Feb 27 02:04:01 2012. How many people are going to be taxed? What's taxed is the gain above a $500,000 profit, on a married couple with an AGI of more than $250,000 ($250k profit and $125k AGI for an unmarried taxpayer). How many home sales will have that much gain? Sounds like something that makes for good copy but affects relatively few sellers. |