
Anonymous
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Deductions & credits
you can use TT tax caster to estimate your tax liability.
so much depends on your other income. and deductions
federal tax rate on gain can range from 0% to 20% ($100,000 less selling expenses)
depreciation recapture up to 25%
don't forget the state if you live in one with an income tax
‎June 7, 2019
3:26 PM