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Updated over 5 years ago,
Capital gains taxes after retirement
I was speaking to someone about there rental property and they mentioned that if they sell one of their rental properties after they retire or have of income of less than $33k a year that they do not have to pay capital gains on the property. I was doubtful about this but they were adamant that this was true. They stated that it was part of the new tax bill. Has anyone else heard anything about this?