Susan (by OH [OH]) Jul 6, 2018 3:27 PM
Susan (by NC INVESTOR [NC]) Jul 7, 2018 6:05 AM
Susan (by OH [OH]) Posted on: Jul 6, 2018 3:27 PM Message:
Does anyone know what the new tax laws are regarding selling real estate? Has anything changed since the laws were changed? Thanks
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Susan (by NC INVESTOR [NC]) Posted on: Jul 7, 2018 6:05 AM Message:
The two biggies when selling are cap gains and depreciation recapture taxes. They remain the same. Your tax rate on the cap gains could be lower due to some of the changes for pass throughs that went into effect in Jan 2018.
Considering the changes for 2018 I recommend consulting your CPA. Factoring recapture is a tedious and confusing calculation best left to a professional. --71.75.xx.xx |
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