Exactly! They are aware of the fact so they only bother me once a year, and only charge me several hundreds bucks. Anyway that several hundreds bucks are far more enough for their one month's morning coffee I assume.
Can you explain "$750,000 Lifetime Capital Gains Exemption"?
If I sold my second house (rental property) in 2012, not principal house, can I use the "$750,000 Lifetime Capital Gains Exemption" and not pay capital gain?
Can you explain "$750,000 Lifetime Capital Gains Exemption"?
If I sold my second house (rental property) in 2012, not principal house, can I use the "$750,000 Lifetime Capital Gains Exemption" and not pay capital gain?