capital gains tax

noun

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Examples have not been reviewed.

I understand that when I sell, I will owe capital gains tax because it is no longer my primary residence.

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Answer: Any home sale is potentially subject to capital gains taxes.

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How do I document the improvements for the capital gains tax calculation?

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You mentioned that selling these funds can trigger capital gains tax.

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And there will also be an increase to capital gains tax on share sales and a freeze on inheritance tax thresholds.

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