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 What is capital gains tax on real estate?

Answer 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 »
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Top Q&A For: What is capital gains tax on real estate

What is the 2010 capital gains tax on real estate in Virginia?

At this time August 8 2010 for the sale of a personal asset (non-business) the below enclosed information would apply to a long term capital gain on the sale of a PERSONAL ASSET. Sale of a busines... Read More »
http://wiki.answers.com/Q/What_is_the_2010_capital_gains_tax_on_real_estate_in_Virginia

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 IRS.gov. Capital gains from real estate result when the pro... Read More »
http://www.ehow.com/how_6574518_protect-real-estate-capital-gains.html

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 »
http://www.ehow.com/how_6374178_eliminate-gains-sale-real-estate.html

Are capital gains from real estate part of my income?

Generally, capital gains from real estate and other investments are considered part of your income, according to Smart Money. Thus, such gains may be taxable. The Internal Revenue Service website a... Read More »
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