FAQ: Capital Gains Tax on Real Estate
Abstract
Your mortgage lender, real estate agent, title company, and local government will all take their slice of the pie before you are given a check at the closing appointment. Even after you sell your house, you might have to pay capital gains tax. What is capital gains tax on real estate and who has to pay it? Learn more about federal taxes on property sales and some potential exemptions you can take advantage of. What is the capital gains tax? The capital gains tax isn't limited to real estate sales. It can be applied to any major investment that you sell. This is a way for the government to tax major assets that you Continued The post FAQ: Capital Gains Tax on Real Estate appeared first on FastExpert.