Goals, Business Plans & Entities
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 3 years ago,
How much will I pay in capital gain taxes?
Hello all, my question is pretty basic but I cannot find a good answer online.
How much will I pay in capital gain taxes?
I have a triplex that I bought for 200k 6 years ago, I refinanced to take cash out and now I owe 350k, I can possibly sell for 500k.
Will I pay capital gains for 300k or 150k(debt is tax free).
taxes: married
Thanks!