4 ms·
I don't think it's so terrible. E.g. if you buy real estate and live in it, then you can deduct 250K gains for a single person or 500K gains for a couple. To th
by MichaelGlass 8y ago
I don't think it's so terrible. E.g. if you buy real estate and live in it, then you can deduct 250K gains for a single person or 500K gains for a couple. To that end, you'll only be paying capital gains if you did very well.
- tristor 8y agoThat’s only true for property in the US as a US resident in that property. Read the last bullet of my link. Expatriate taxpayers are ineligible for real estate capital gains exemptions.