Which Candidate Supports This Tax? Is It Too Extreme for American Real Estate Owners?

Discover the ins and outs of capital gains and how they affect American real estate owners. Long-term capital gains tax is applied to assets held for more than one year and is generally taxed at a lower rate than short-term gains, often around 15% to 20% for most taxpayers in the U.S. However, there's a new proposal on the table that could double this rate, meaning you might owe twice as much on your hard-earned investment gains. This video dives into the details of this proposal and its potential impact on your real estate ventures. Stay informed and see how these changes could affect your financial future!

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As always, great info!