IRS Capital Gains Exclusion Less Now, If You Rent Your Home

by Fran Bailey, Downtown Chicago Realtor on August 23, 2008 · 0 comments

in Home Selling Tips,Mortgages

The Mortgage ReportsMortgage blogger Dan Green brings to light a little publicized impact of the Housing and Economic Recovery Act of 2008 in his recent post, “With The New Housing Law, The $250,000/$500,000 Capital Gains Exclusion Is Gone“. This is a must read, if you are considering renting out your primary residence!

ABOUT THE AUTHOR

Fran BaileyFran Bailey shows, previews and tracks downtown Chicago homes for sale giving her the insights needed to help her clients negotiate the best price and terms. Fran has been quoted in numerous Chicago and national publications. To schedule showings of listings regardless of broker or to contact Fran email her at fran.bailey@bairdwarner.com or call 773.793.4516. Learn More

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