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Detailed text transcripts for TV channel - FOXNEWS - 20151018:19:22:00

That exclusion work? >> so, theres $300,000 of potential gain there, which would be subject to capital-gains rates. under the principal-residence exclusion, an individuals entitled to exclude $250,000. so, the end result is, theres only tax, capital-gains tax, on the $50,000 thats not covered by the principal-residence exclusion. now, with respect to a home thats been acquired a married couple, theyre entitled to a $500,000 principal-residence exclusion. double your money. so, in your example, w...
Potential Gain The End Capital Gains Tax

Detailed text transcripts for TV channel - FOXNEWS - 20151017:16:22:00

That exclusion work? >> so, theres $300,000 of potential gain there, which would be subject to capital-gains rates. under the principal-residence exclusion, an individuals entitled to exclude $250,000. so, the end result is, theres only tax, capital-gains tax, on the $50,000 thats not covered by the principal-residence exclusion. now, with respect to a home thats been acquired a married couple, theyre entitled to a $500,000 principal-residence exclusion. double your money. so, in your example, w...
Potential Gain The End Capital Gains Tax

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