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real estate capital gains: Real Estate Capital Gains When Selling Your Home - 01/12/09 08:09 AM
As a Realtor working in Metrowest Massachusetts for the last twenty three years, it surprises me how often people do not realize the current tax laws regarding capital gains when selling their home.
The new capital gains tax law actually went into effect in 1997 and is known as the Taxpayer Relief Act of 1997.
The current capital gains tax law when selling your personal residence allows for an exclusion of up to $250,000 in profit if you are single and $500,000 if married. In order to be eligible you must have lived in your home for two of the last … (51 comments)

 
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Bill Gassett Metrowest Massachusetts Real Estate

Hopkinton, MA

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RE/MAX Executive Realty

Address: 77 Main Street, Hopkinton, MA, 01748

Office Phone: (508) 435-5356

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Metrowest MA Real Estate - Realtor specializing in home sales in Hopkinton, Milford, Holliston, Ashland, Southboro, Westboro, Upton, Mendon, Hopedale, Grafton, Medway, Northbridge, Franklin, Framingham, Shrewsbury, Northboro, Bellingham, Sutton, and Uxbridge MA. Includes Real Estate home sellling & buying tips, Homes for sale in and around Metrowest, Metrowest MA Market reports.

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