Stories Related to Second Home Sale And Capital Gains Avoidance

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  • Puget Sound leaders oppose new WA capital gains tax bill creating controversy
    Puget Sound leaders who oppose the state’s new capital gains tax bill say it would have a negative effect on childcare and early learning.
    05/22/2024 - 2:35 pm | View Link
  • Campaign kicks off to save Washington's capital gains tax
    The effort to repeal Washington state's capital gains tax, via Initiative 2109, officially got push back Wednesday when a group of voters kicked off a campaign to save the tax.
    05/22/2024 - 1:25 pm | View Link
  • Capital gains tax receipts in Washington tumble
    Capital gains tax collections in Washington have plummeted in their second year, creating potential challenges for the next governor and legislative budget writers in 2025.
    05/22/2024 - 10:48 am | View Link
  • Housing supply hits highest level since October 2021, but home sales dip
    About 33% of homes were sold to first-time home buyers, the highest share since January 2021. The 30-year mortgage rate was averaging at 7.01% as of May 17, per the Mortgage Bankers Association.
    05/22/2024 - 3:04 am | View Link
  • Capital gains tax receipts in Washington state tumble
    The capital gains tax levies a 7% tax on the sale or exchange of long-term capital assets, such as stocks, bonds, and business interests. It doesn’t apply to real estate sales and only covers gains ...
    05/22/2024 - 12:27 am | View Link
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