Comments on: Short Term And Long Term Capital Gains Tax Rates http://www.capitalgainstaxes.info/short-term-and-long-term-capital-gains-tax-rates/ Learn About Capital Gains Taxes Wed, 02 Jul 2008 00:35:22 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: sue sipe http://www.capitalgainstaxes.info/short-term-and-long-term-capital-gains-tax-rates/comment-page-1/#comment-112 sue sipe Wed, 02 Jul 2008 00:35:22 +0000 http://www.capitalgainstaxes.info/short-term-and-long-term-capital-gains-tax-rates/#comment-112 My husband inherited a home 3 years ago. It was valued according to a realestate agent at appr. $80,000. We made significant improvements and plan to sell it for appr. 117,000. Our receipts are apprx. 18,000. What will we pay in captial gains in Tennessee? The realestare agent feels as though we will after paying them and closing costs we should get about 110,000. What say you? Thank you for any helps. My husband inherited a home 3 years ago. It was valued according to a realestate agent at appr. $80,000. We made significant improvements and plan to sell it for appr. 117,000. Our receipts are apprx. 18,000. What will we pay in captial gains in Tennessee?
The realestare agent feels as though we will after paying them and closing costs we should get about 110,000.

What say you?

Thank you for any helps.

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