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177
The constitution guarantees no taxation without representation. Just saying... (media.greatawakening.win)
posted 1 year ago by Retaining_H2O 1 year ago by Retaining_H2O +177 / -0
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– TheVerboten1 3 points 1 year ago +3 / -0

Is it a newer tax within just the last few years? I do recall having to add up a bunch of home improvements to get under a certain amount of capital gains to avoid taxation. So I think you are right. What a f'ed up thing that is. Sold my home in 2019 to downsize after retirement.

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– GreatNipples 4 points 1 year ago +4 / -0

I don’t think so. I think it’s been that way a long time but I’m not a tax professional.

You are right, you are able to deduct the cost of improvements from the sale before paying tax.

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