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    ArtN's Avatar
    ArtN Posts: 15, Reputation: 1
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    #1

    Feb 2, 2009, 11:58 PM
    Capital Gains on resale of Vacation Rental Condo
    Hi, I am planning on selling my Vacation Rental, located in Oregon, and live in Massachusetts, what would my capital gains percentage be? I understand how to arrive at the amount of capitol gain, but do not know what my % of payment on it is.

    Thanks

    ArtN
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Feb 5, 2009, 11:29 AM
    ArtN:

    The rate will be no higher than 15%, probably 5% and maybe as low as 0%.
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