asked

My husband is 62 and I am 59. If we sold our income property, do we get a lower rate of capital gains on that property? How can we avoid capital gains on income property? We own a 2-family income property in Everett, MA, with one apartment rented to our daughter for $200 a month. If we sell that property, do we get a tax break percentage at our age? If not, how can we avoid paying capital gains on this income property?

February 13th, 2024

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