Jul 15, 2016
Joe Cucchiara is on the phone with CPA Byron McBroom of Measured Results who offers several tips that will help you save on sale taxes for homes that have greatly appreciated. Byron shows just how much taxes can hurt if you were to sell a home for $2 million that was bought at $400,000 and stresses that paying excess taxes is just as bad as not generating enough income. Byron also explains the $500,000 exclusion, several ways to qualify, what changes if you decide to rent instead of sell and offers a few lesser known tax tips.
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