Can you use capital gains from real estate to pay off a second mortgage?

Answer On One Hand: It's Your MoneyCapital gains from real estate means cash money in your pocket. If you owe less on a property than it's worth, you can refinance and take the difference as cash. If rent... Read More »

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What is capital gains tax on real estate?

Capital Gains Tax is levied against the increase in value on a property from the time it was purchased it, up until the date of sale.Cost BasisCost basis is the amount of the original purchase pric... Read More »

How to Protect Real Estate Capital Gains?

When a property sells, the difference between what the property cost and the amount it sells for is a capital gain or loss, according to Capital gains from real estate result when the pro... Read More »

Can You Use Capital Gains From Real Estate to Pay Off a Second Mortgage?

You can use capital gains from real estate to pay off a second mortgage or anything else for that matter. Capital gains income is the difference between the purchase price for a piece of real estat... Read More »

How to Eliminate Capital Gains on the Sale of Real Estate?

There's one thing investors want more of: profit. This is certainly the case in real estate. A real estate sale can create a huge profit that also creates a huge tax liability, or capital gain, on... Read More »