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Updated almost 4 years ago on . Most recent reply presented by

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25
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4
Votes
Carl Graff
  • Real Estate Investor
  • La Jolla, CA
4
Votes |
25
Posts

Capital Tax when income less than 80K

Carl Graff
  • Real Estate Investor
  • La Jolla, CA
Posted

Say we buy rental property and hold onto it for more than a year so it would be long term capital gain.

And our filling jointly Income is around 50K.

Would we qualify for 0% capital gain because we are in such a low tax bracket?

Thanks for any feedback.

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