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Forum: USA
Aug 6th 2006, 12:31 am
Replies: 6
Views: 845
Posted By RaleighGuy

Re: selling your UK house

There can be capital gains tax issues. The IRS allows single filers to exclude $250 000 of the capital gain on your "main residence", $500 000 for married couples filing jointly.

This exclusion...
Forum: USA
Mar 15th 2006, 2:37 am
Replies: 58
Views: 2,632
Posted By RaleighGuy

Re: Capital Gains Tax on UK property?

I sold my UK house after being in the US for just over four years. (I originally planned to return to the UK after a three-year position, but I ended up marrying a US citizen and so stayed here...)
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