View Single Post
74-911 74-911 is offline
Bollweevil
 
Join Date: Dec 2003
Location: Fulshear, Texanistan
Posts: 3,363
The capital gains rules were changed a few years ago. Not sure of the number but think the first $500K of the proceeds from the sale of your house (primary residence) are exempt from capital gains. $250K if single, $500K if joint return IIRC.
__________________
Jack
74 911 Coupe
2.7L - K21 Option - S suspension

Last edited by 74-911; 01-06-2007 at 09:41 PM..
Old 01-06-2007, 09:38 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #3 (permalink)