Capital Gains Tax on Property?

Answer

Capital Gains Tax on property is 18%. It is charged on any property that you own and you can sell it, give it away as a gift or get compensated by insurance. It is charged on the gain you make from selling the property.
Q&A Related to "Capital Gains Tax on Property?"
1. Think before buying. If you have not bought the investment property, it pays to think through the ownership, income and tax implications. You should evaluate income from rental
http://www.ehow.com/how_2296573_capital-gain-tax-i...
Capital gains tax for all items of that category - there are many - is 15% of the gain.that is the amount above your basis in the property. Also, on items of property that have had
http://wiki.answers.com/Q/What_is_the_capital_gain...
If you are a US citizen or US resident, gains on overseas property is taxable in the US, although you may qualify for foreign tax credits or exclusions depending on the country where
http://www.quora.com/Taxes/What-is-the-new-US-poli...
California's six state income tax rates range from 1 percent to 9.3
http://www.chacha.com/question/what-is-california-...
Explore this Topic
An individual can avoid capital gains tax on sale of property by adding up the capital improvements. Capital gains on residential property can also be avoided ...
As of May 2013, the combined capital gains tax in the state of California is 33 percent. The state of California has the second highest capital gains tax in the ...
Capital gains tax in the United States of America is an income tax on the net total of all capital gains. As of May 2013, the capital gains rates are designed ...
About -  Privacy -  Careers -  Ask Blog -  Mobile -  Help -  Feedback  -  Sitemap  © 2014 Ask.com