fromSFGATE
2 days ago31.8% of Homeowners in Maryland Will Face a Hidden Home Equity Tax If They Sell
The capital gains tax exclusion was established to shield homeowners from taxes on the profit from selling their primary residence. The thresholds-$250,000 for individuals and $500,000 for couples-have not changed since 1997, despite home prices soaring more than 260% nationwide.
Real estate