Capital Gains On Rental Property and How to Get Out Of Paying It

Capital Gains On Rental Property and How to Get Out Of Paying It

What capital gains on rental properties comes down to is the current years capital gains rate that congress has passed as a tax. Currently, the capital gains tax rate is 15%. This means that any profit you make on the sale of a rental property, you would pay 15%. If you sold the rental property for $100,000 profit, then you would pay the capital gains dollar amount of $15,000 to the government.