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Updated almost 3 years ago,
Capital gain tax inquiry
Looking for information regarding Maine's capital gain tax. Can't seem to find anything definite about the actual percentage. Our accountant says one thing and I am finding something different. They are telling us that it would be best if we hold the property for one year before we resell it. We do not live on the property. Any advice would be appreciated. Not looking to do a 10/31 exchange.