In yesterday's blog, we talked about the new Federal 3.8% Medicare tax on the capitol gains you make when you sell your home in Prattville, Montgomery, and the River Region, AL, and we used an example to see how the tax is calculated. Then we asked what happens if the amount of capitol gains (profit) you make when you sell your home is over the $250,000 limit ($500,000 for married couples)? That's where another rule, the income limit, applies. The law says … (0 comments)
Do I Have to Pay a Real Estate Tax On My New Home In Prattville Alabama? Part 2
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