Capital Gains on Sale of a Rental
My parents bought a house 10 years ago before the bubble. They bought it for $180k. They rented it for 10 years. Now they sold it for $195k. What is the capital gains?
My parents bought a house 10 years ago before the bubble. They bought it for $180k. They rented it for 10 years. Now they sold it for $195k. What is the capital gains?