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Kiplinger

Business

John Waggoner

Avoid These Tax Surprises When Selling a Vacation Home

Medicare capital gains

Paperwork and a model of a house.

When Amiee LaMont and her husband Ray Struble sold their rental house in Fairfax, Va., they got a six-figure surprise from their accountant. “We got a good-sized tax bill,” LaMont says.

And how: They paid about $172,000, she says.

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