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Welcome to Priority 1 Realty Site |
We Specialize in Real Estate Investment Lifestyle Strategies that Substantially Reduce, if not Eliminate Capital Gains Taxes on Real Estate, at the ame time Improve Cash Flow Compared to those Under Performing Real Estate Assets as we Free You from the Day to Day Management of roperty Ownership and Reduce Your Personal Liability while Protecting Your Real Estate Assets.
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Q. How much Capital Gains will I pay when I sell my personal residence?
You should talk to your Tax Professional. Current there is an exemption of $250,000.00 of the Captial Gains on the sale of you personal residence. This applies to each individual on title. So if you are married, for example, you could exclude $500,000.00 of Capital Gains. This is very significant. |
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