if a person owns a home and is entitled to capital gains exemption of $250, 000 and so is his...
spouse, and she dies. Can the surviving spouse claim $500,000 exemption on capital gains.
by GA Anderson 2 years ago
You work hard to build a fortune that you can pass on to your kids, or otherwise distribute however you desire on your passing. It is your money. Shouldn't you be able to do whatever you want with it, within our legal boundaries of course?What business does the government have taxing your estate...
by Petra Vlah 6 years ago
At the very specific question “what would you cut in terms of deductions like home mortgages, child allocation and charity contribution in order to reform the tax system and reduce the deficit”, Romney’s response was something like that: “ I will help the middle class by giving them a...
by Pankaj Pathak 7 years ago
Capital Gains Tax India on Sale of Residential PropertyCan somebody please help me understand the income tax treatment of capital gains tax on sale proceeds of residential property?
by Mikel G Roberts 6 years ago
I believe Capital Gains should be the most heavily taxed form of income there is. As much as 90% should go to support the social system that makes the capital gains possible.Being given money simply because one has money, should be treated as the bullying that it is.I believe the formation of this...
by Pankaj Pathak 7 years ago
Capital Gains Tax in India on Ancestral PropertyDo capital gains tax applies to ancestral property? One of my relatives has sold his property but he is going to invest that money in buying a new house. He has no PAN card. Will he have to file his gains next year?
by American_Choices 6 years ago
Rarely in my lifetime have I had the luxury of knowing who owns my mortgage. Early in the 1990's the mortgages were actively bought and sold. Sadly, the local banker became an intermediary and my mortgage was sold.Now a days, this same item has happened for business loans.Do you know you really...
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