what is the capital gains (%) expense in massachuettes on sale of a second home?

Paige
Home Buyer
South Yarmouth, MA

Is the capital gains in mass, 12%?. I thought I saw this on the department of revenue org website.

Also, Title V - septic systems. What is the approximate cost of inspection and if it needed to be replaced the approximate cost of that. I really have no idea - we have city sewers.

Answers (1)
First to answer: Walt Tyo
Walt Tyo
Agent
Sandwich, MA
FIRST ANSWER

Paige, as a realtor, I recommend strongly that you contact your accountant to get an answer to this question. Your personal circumstances may change anything we could tell you.

Tue Jun 3 2008, 10:38

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