Capital Gains Tax Changes for Out-of-State Residents You Should Know
Those with a 2nd home in Delaware may be affected by these Capital Gains changes.
Changes are coming in January 2019 that may affect you when you sell a 2nd home in Delaware but live in another state.
Capital Gains will be collected at settlement
Let’s say you purchased a second home in Delaware but your primary residence is in New Jersey or New York or anywhere but Delaware. If you decide to sell that home, Capital Gains tax is due. But here is the change that goes into effect January 1st, 2019...
To read the full blog post, click here.
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