
12.27.24 BEST OF: Clark Answers His Critics on Clark Stinks / Paying For Adult Children
The Clark Howard Podcast
Understanding Capital Gains and Rental Conversions
This chapter explores the tax implications of turning a personal home into a rental property, with a focus on capital gains taxes. It discusses the potential loss of capital gain exclusions and the balancing act between low-interest mortgages and tax liabilities from unrealized gains.
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