If you sell property do you have to pay capitol gaines tax?
Selling your primary home,up to $250,000 profit for a single owner, double if you're married, and not owe capital gains taxes.
Answered by Joanna L. -
About Taxes
Taxes are a financial charge or other levy upon a taxpayer by a governing body. Taxes are used to carry out functions of the state and cover costs. Taxes are also the result of citizens demands for accountable representation.
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Being married is a legal relationship, the result of a union between two individuals. It is an institution in which interpersonal relationships, usually intimate and sexual, are acknowledged, depending on the culture or subculture in which it is found. Such a union may also be called matrimony, while the ceremony that marks its beginning is usually called a wedding.
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