Understanding the NIIT – The 3.8% tax can take a bite out of some home sale profits
$225.00
Description
Abstract: Homeowners putting up a “For sale” sign on their lawn this year should make sure they understand the 3.8% net investment income tax (NIIT) that applies to profits on some home sales. This article explains whom the tax affects, triggering events and strategies to reduce or eliminate the tax.
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