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Those gains could trigger a tax bill this season, depending on the size of the windfall, experts say. In 2023, home sellers made a $121,000 profit on the typical median-priced single-family home, according to ATTOM, a nationwide property database. Still, "the tax laws were written to encourage homeownership," and many sellers qualify for a tax break, Ringbauer said. Single homeowners can shield up to $250,000 of home sales profit from capital gains taxes and married couples filing jointly can exclude up to $500,000, provided they meet IRS eligibility. Who qualifies for the capital gains exemptionsThere are strict rules to qualify for the $250,000 or $500,000 capital gains exclusions, Ringbauer warned.
Persons: Witthaya, Miklos Ringbauer, Ringbauer, you've, There's, Assunta McLane Organizations: Summit Place Financial Locations: Los Angeles, Summit , New Jersey
Cesidio Di Ciacca bought his ancestral village in Italy in 2013 and turned it into a business. Many former residents settled in Scotland, as the Di Ciacca family did. After buying the home, Di Ciacca went on to own the entire village and run it as a business. "One year into the renovation, I started to get itchy and look at how I could buy I Ciacca," Di Ciacca said. Di Ciacca's wife, Selina Di Ciacca, suggested they make it a place of learning again.
„Camera pentru îmbrățișări” dispune de fante astfel încât vizitatorii să își poată introduce mâinile ca să îi îmbrățișeze pe cei dragi. Singurul contact pe care l-au avut a fost printr-o uşă de sticlă şi astfel nu a existat contact fizic", a explicat Sordillo”, a declarat Saveria Sordillo, anagajată a căminului. „A fost emoţionant, un moment de bucurie intensă”, a mărturisit el cu lacrimi în ochi. „Să-i simt mâinile calde în ale mele a fost magnific”, a declarat ea foarte mişcată. „A fost foarte frumos, e bine să poţi să-i strângi mâna.
Persons: Moreno, Assunta, Alfano, Carmine, Blasio Organizations: Moreno Magliaro Locations: Avellino, Napoli, Montefalcione
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