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Unread 5 Nov 2003, 19:36   #1
Billy No Mates
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Thumbs up Britney Spears and Capital Gains

If Britney Spears bought a house and sold it later for a tidy profit, would she have to pay capital gains tax or anything like that?
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Unread 5 Nov 2003, 19:37   #2
MrL_JaKiri
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Re: Britney Spears and Capital Gains

What?
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Unread 5 Nov 2003, 19:38   #3
Billy No Mates
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Re: Britney Spears and Capital Gains

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Originally Posted by MrL_JaKiri
What?
If Britney Spears bought a house and sold it later for a tidy profit, would she have to pay capital gains tax or anything like that?
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Unread 5 Nov 2003, 19:39   #4
MrL_JaKiri
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Re: Britney Spears and Capital Gains

Yes, if everyone else has to.
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Unread 5 Nov 2003, 19:42   #5
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Re: Britney Spears and Capital Gains

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Originally Posted by MrL_JaKiri
Yes, if everyone else has to.
So now I need to find out if everyone else has to, because I am thinking of selling my house for a tidy proft and renting somewhere for awhile, in the hope that property prices will start to fall soon, but I don't want to pay tax, or anything like that.
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Unread 5 Nov 2003, 19:42   #6
MrL_JaKiri
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Re: Britney Spears and Capital Gains

Why did Ms Spears enter the equation at all?
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Unread 5 Nov 2003, 19:45   #7
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Re: Britney Spears and Capital Gains

where do you live?
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Unread 5 Nov 2003, 19:49   #8
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Re: Britney Spears and Capital Gains

Quote:
Originally Posted by MrL_JaKiri
Why did Ms Spears enter the equation at all?

Well, this being GD, I thought, if I started a thread called "Capital Gains Tax", nobody would read it, and I would get no help
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Unread 5 Nov 2003, 19:49   #9
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Re: Britney Spears and Capital Gains

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Originally Posted by the dying puppy
where do you live?
Do you like coconuts?
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Unread 5 Nov 2003, 19:51   #10
MrL_JaKiri
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Re: Britney Spears and Capital Gains

Enough.
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