Friday, December 02, 2005
Captial gains and the massive change in real estate as an investment is discussed at www.vermont-home.com. Interest rates are often seen as the impetus for real estate markets but this interesting article takes an entirely different look at the tax code and its impact.
One of the impacts to real estate value, the current market and future prospects for what the media refers to as the real estate bubble can be found at www.vermont-home.com. Tax code is seldom discussed and on July 1, 1997, real estate as an investment totally changed. The capital gains exemption has huge ramifications to the real estate market across the country but especially to states like Vermont with large second home markets. For a 'retirement play' many saw the primary exemption of $500k for a couple every 2 years as an opportunity to move to their second home and not get creamed by capital gains. Check out the article.
