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Capital gains
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Hayinhere
Posted 3/8/2019 22:14 (#7368452 - in reply to #7367886)
Subject: RE: Capital gains


Central NE
There is a way, but not easy. IF you keep regular income to no more than your standard deductible (13,000 single, 26,000married) you will have no tax on it. Next, keep capital gains below 78,950 for a married couple and. NO TAX! If you sell a property for twice what you paid for it, you can receive a 157,900 payment per year tax free! On top of 26,000 reg income!
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