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Home Sales and Taxes: How Much Will You Owe?

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Take a moment to read this informative article on home sales and taxes!
“Q: Can’t I defer, or even eliminate, capital-gains taxes simply by selling my home and rolling over the proceeds into another home that costs as much as the old one, or more?
A: No, that law died in the late 1990’s,”
-Tom Herman,Wall Street Journal reporter
Link To Article Below…
http://www.wsj.com/articles/home-sales-and-taxes-how-much-will-you-owe-1465783501
 
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