I currently have two rental properties I want to sell (not worth the rent anymore) and I bought them at 15,000 and 30,000 respectively over 6 years ago and put in lots to renovate/modernize. I currently make less than 30,000 on my yearly income but am murky on how much I would pay for cap gains tax some say zero others say more, any answers or explanations would be helpful. Thanks.
[link] [comments]
source https://www.reddit.com/r/RealEstate/comments/r4x4ib/question_of_cap_gain_taxes_us/
Comments
Post a Comment