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1 Answer
bustieone
Depends upon the value. The laws have changed and now on primary residences you have quite a large amount allowable before you have to pay. Check with your accountant, or tax preparer. On investment property however, you pay, no matter what amount, a percentage of difference from what it cost you, and the selling price you got for it.
| 11 years ago. Rating: 1 | |
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