How the Housing Assistance Tax Act of 2008 May Affect Your Clients
Oct 23, 2008
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By Elaine Floyd, CFP ®
New rules on capital gains tax exclusions on the sale of residences come into play on Jan. 1, 2009. Particularly affected are homeowners who move from home to vacation home, avoiding taxes on the sale of each. See how the new provisions will affect clients' taxes.