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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: MoneyPenny who wrote (136997)7/28/2008 11:57:06 PM
From: Sr KRead Replies (1) of 306849
 
>>Depending how you manage your income this year, there is no capital gains due on adjusted incomes under $65,100 for couples and $32,550 for singles. <<

Not so. Under that scenario, maybe you mean there is no long-term capital gains tax due on adjusted incomes under $65,100 for couples and $32,550 for singles

Short-term gains would still be taxed, unless you have a short-term loss carryforward.
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