teaorcoffee
1 Answer
Colleen
Unless you are ultra rich, it will not affect you.
The first $250,000 in profit from the sale of a personal residence won’t be taxed, or the first $500,000 in the case of a married couple. The tax falls on relatively few — those with high incomes from other sources.
See more here >> http://factcheck.org/2010/04/a-38-percent-sales-tax-on-your-home/
| 13 years ago. Rating: 4 | |
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