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Updated almost 6 years ago,
Capital Gain Taxes !
Hello BP ! Can some one suggest me in the following situation what will be The Capital Gain Tax !! I been waiting to hear from my CPA and have to make decisions ASAP.
Date of purchased:- 2011 lived as a primary residence until 2017.
Purchased price :— $ 252,500.00
Selling Price :- $ 560,0000.00
Note :- Multiple time cashed out( if that matters ) Last cash out refinance date :- 2017
Does capital gain taxes has anything to do with income ?
Thank you