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That is very true in and around cities like New York, Los Angeles, San Francisco, Boston and San Diego, where home prices have increased neatly during the last decade or two. There, single householders with good points of over $250,000 and married people who have notched no less than $500,000 could find yourself paying federal tax of as much as 23.8 percent on real estate features over those quantities once they promote. Additional state taxes loom for some of them as effectively.

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