The 3.8% applies to capital gains after the $500K capital gains threshold for selling a residence … I doubt that any Piggs find themselves in this enviable position … and if you do, congratulations, but you should be getting your financial advice from professionals 🙂
I’d be wary of anything that comes out of the OC Register’s editorial section. (And I used to work there.)[/quote]
It’s $500k for married couple, or $250k for individual. The $250k is entirely possible.