Regulation change benefits elderly house sellers
A reader asks about the tax on profit from selling an older home and retirement plans. The advisor clarifies the rule for seniors and notes a recent change: profits are tax free if the sale price is $35,000 or less, and advises timing the sale to after the 65th birthday.
MENTIONED IN THIS ARTICLE
Andy Lang
AP Newsfeatures
FTC study weighs need for plant industry rules
Columbus Ohio AP The FTC probes consumer plant care info at purchase amid California poll data showing high plant death from lack of labeling. Questions cover naming, care requirements, and regional guidance to reduce six month losses as Ohio corn forecast remains strong.
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Federal Trade Commission
Columbus, Ohio
American Party
Ohio
Ted W Brown
Brown
Lester Maddox
William Dyke
Maddox
California
FTC
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