Comments on: How to Avoid Capital Gains Taxes on Selling a House http://wealthpilgrim.com/taxes-on-selling-a-house/ WealthPilgrim.com -No Money Worries. No Matter What. Wed, 23 May 2012 17:15:07 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Neal Frankle http://wealthpilgrim.com/taxes-on-selling-a-house/#comment-37671 Neal Frankle Mon, 05 Mar 2012 05:27:27 +0000 http://wealthpilgrim.com/?p=18691#comment-37671 Vernon, Where did you sell the house? IN the US or UK? Are you a UK citizen? A citizen of the US? Tell me more about your situation please. Also, when you incur a tax liability it doesn't go away just because you do. Vernon,

Where did you sell the house? IN the US or UK? Are you a UK citizen? A citizen of the US? Tell me more about your situation please.

Also, when you incur a tax liability it doesn’t go away just because you do.

]]> By: Vernon Groston http://wealthpilgrim.com/taxes-on-selling-a-house/#comment-37670 Vernon Groston Mon, 05 Mar 2012 05:01:41 +0000 http://wealthpilgrim.com/?p=18691#comment-37670 Does the liability for capital gains tax ever go away?? For example, if I sold a house two years ago and didn’t pay CGT, will I have to pay it when I return to live in the UK (I’ve been living abroad for 10+ years). Does the liability for capital gains tax ever go away?? For example, if I sold a house two years ago and didn’t pay CGT, will I have to pay it when I return to live in the UK (I’ve been living abroad for 10+ years).

]]> By: Neal Frankle http://wealthpilgrim.com/taxes-on-selling-a-house/#comment-26082 Neal Frankle Sun, 01 Jan 2012 01:01:56 +0000 http://wealthpilgrim.com/?p=18691#comment-26082 NUNZIO! Nice to see you back here sir! I completely agree. Most folks really don't consider their home appropriately when they consider proper asset allocation. I might be one of them. I don't consider it much because I have to live somewhere...so I can't really consider the equity in the value of my life estate. It's really more a consideration for my legacy... NUNZIO! Nice to see you back here sir! I completely agree. Most folks really don’t consider their home appropriately when they consider proper asset allocation. I might be one of them. I don’t consider it much because I have to live somewhere…so I can’t really consider the equity in the value of my life estate. It’s really more a consideration for my legacy…

]]> By: Nunzio Bruno http://wealthpilgrim.com/taxes-on-selling-a-house/#comment-26070 Nunzio Bruno Sat, 31 Dec 2011 23:57:11 +0000 http://wealthpilgrim.com/?p=18691#comment-26070 It's been a while since I've traveresed these comments here :) Happy New Year first off! As to the housing points - they can really be valuable planning tools. I see a few things a lot: people either treat their home or property in general as the only asset class in their portfolio or they forget about it all together. You have to consider these tips when you are making adjustments or are thinking about your next investment move - and I'm not even a broker lol. It's all about taking a holistic look at your portflio and life situation. It’s been a while since I’ve traveresed these comments here :) Happy New Year first off! As to the housing points – they can really be valuable planning tools. I see a few things a lot: people either treat their home or property in general as the only asset class in their portfolio or they forget about it all together. You have to consider these tips when you are making adjustments or are thinking about your next investment move – and I’m not even a broker lol. It’s all about taking a holistic look at your portflio and life situation.

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