Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#46
|
||
|
||
Our agent is awesome Jim Amidei 352 572 8747. Very professional, patient and caring about what your needs and wants are.
|
|
#47
|
||
|
||
Probably not that would horrible. I can tell you I purchased a house here it was a huge mistake - property taxes went up 25% HOA fees unlimited the CDD bond never goes away - I’m selling when my year is up I get you didn’t know that if you sell your house in less than a year the villages keeps your profit.
God was looking out for you I’m selling once my year is up. |
#48
|
||
|
||
We didn’t have any problems buying our 3 homes. But your percentage is a little off.
__________________
Do not worry about things you can not change |
#49
|
||
|
||
Look out for capital gains tax on sale of real estate owned less than 2 years
Quote:
If you own the property for less than 2 years in the 5 year period before you sell it, the capital gains tax exclusion on sale of real estate is no longer applicable. You may end up owing the IRS capital gains tax on the entire amount of any gain you realize in selling the home. The tax rate on your entire gain could be 15% (if your annual income is more than $39,000 as a single filer and $79,000 as a married filer) Last edited by Aw Man; 01-25-2020 at 05:39 AM. Reason: Added tax filing info. |
#50
|
||
|
||
Quote:
|
#51
|
||
|
||
Quote:
|
Closed Thread |
|
|