Americantaxservice.org Explains Capital Gains and Home Sales
"Capital Gains and Your Home Sale" is an article recently published at Americantaxservice.org. Tax planner and author Frank Ellis reveals that the best tax breaks can be found by selling one's home. For example, selling a primary home can yield up to $250,000 in profit, more if married, according to the author. The rules changed in 1997 with the Taxpayers Relief Act, easing burdens for many homeowners.
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