QUESTION

Rental house

Asked on Dec 17th, 2016 on Residential Real Estate - Utah
More details to this question:
I heard that if I sell my rental property that I will have to pay an ungodly amount in taxes on the gains. Like 30%
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1 ANSWER

Family Law Attorney serving Salt Lake City, UT at David R. Hartwig, Esq.
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Yes, you will have to pay capital gains tax.
Answered on Dec 19th, 2016 at 1:47 PM

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