Comments on: Do I Have to Pay Capital Gains Tax on my House?

By: house cleaning grand haven maidservice cleaning company

house cleaning grand haven maidservice cleaning company — Fri, 20 Jan 2012 05:09:10 +0000

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By: Purehoney

Purehoney — Fri, 26 Aug 2011 00:33:43 +0000

You answered my question…My husband & I built the house, lived there since 1989 now I am a widow, can I take the 250,000 and then some? Have gone into a partnership and bought a condo.

Thanks for your help

By: Farret

Farret — Mon, 01 Aug 2011 03:59:14 +0000

paying taxes is something legal that any citizen is obliged to do. if the law says so, then just follow it. Eventually, if many find this inappropriate or to much, somebody will voice out or amendments will be done.
——-
Farret,
expert on Full Term Pregnancy

By: Rob

Rob — Thu, 05 May 2011 04:53:53 +0000

I owned my primary residents for 4 years that I lived in then sold it for a profit, So if I get it right I passed the user test and ownership test and do not have to pay Captial gains?

Btw wonderful site.

Thanks

By: Ben

Ben — Mon, 15 Nov 2010 19:10:24 +0000

Yes, some countries don’t have any Capital gain taxes. I worked as a realtor in Netherlands for a while and there was no capital gain tax but in Canada yes there is you need to pay it.
Ben´s last blog ..Acquiring Pre Power of Sale Houses

By: Kapiti Real Estate Blogger

Kapiti Real Estate Blogger — Fri, 30 Jul 2010 08:47:51 +0000

Capital gains tax varies from country to country. Some countries like New Zealand don’t currently have capital gains tax on the family home. Countries like Australia have a capital gains tax on property but conditions apply.
Kapiti Real Estate Blogger´s last blog ..SHORT WALK TO PARAPARAUMU BEACH- SHOPS ……

By: DebT

DebT — Mon, 19 Jul 2010 23:14:30 +0000

Hey, that’s some excellent information about capital gains on homes. Hopefully I’ll be in a situation someday where I’ll need to worry about making more than $250k on the sale of my home.
DebT´s last blog ..Credit Card Debt Solutions

By: Milford Stpeters

Milford Stpeters — Fri, 14 May 2010 01:02:35 +0000

I have came to your page from Google and found it informative. Thank you for this entry for first time home buyers. It has really inspired me. I will add this to page to my favorites. Thank you again!

By: Steve@Gutter companies

Steve@Gutter companies — Sun, 02 May 2010 21:07:45 +0000

I`ve been searching for this for a long time. Thanks for sharing. Steve
Steve@Gutter companies´s last blog ..Gutter companies

By: Financial Samurai

Financial Samurai — Sun, 11 Oct 2009 00:30:57 +0000

MLR, do you own a home yourself? If so, where do you think the housing market is going over the next 3 years?

I’m looking at some property in Nevada myself, so I no longer have to pay 10% state income tax.
Financial Samurai´s last blog ..We’re Ignorant Idiots! Please Tell Us Why A Flat Tax Is Not Fair.