The Shock of Sweden's Housing Market Is Hitting the Country's Currency

Re:The Shock of Sweden's Housing Market Is Hitting the Count... by Retric on Wednesday November 15, 2017 @02:06PM (#15706770)

You also save that 500,000$ of appreciation when selling the second house. AKA, if house 1 gained 2 million and house 2 gained 2 million your better off than if house 1 gained 4 million.

Now, you can get into cash flow issues etc. But, with home interest being tax deductible and long term capital gains being below normal taxes your almost always better off over time to sell after a bubble than before.

PS: If your investment makes 4% and your mortgage is 5% then you have a net savings after taxes.

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Re:The Shock of Sweden's Housing Market Is Hitting the Count... by lisper on Wednesday November 15, 2017 @02:29PM (#15706972)

> if house 1 gained 2 million and house 2 gained 2 million your better off than if house 1 gained 4 million.

No, that's not true because the $500k cap gains exemption is per-transaction.

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Re:The Shock of Sweden's Housing Market Is Hitting the Count... by Retric on Wednesday November 15, 2017 @04:00PM (#15707713)

> cap gains exemption is per transaction.

Reread what I said?

That's why 2 houses with 2 mill gains is better than 1 house with a 4 million gain.

Selling 1 house with a 4 million gain is one transaction with a 500k cap so you pay taxes on 3.5 million. But selling one house with a 2 million gain then another house with another 2 million gain is 2 transactions so you pay capital gains on 3 million and get an extra 500k tax free.

Remember, until you sell the second house it's value is meaningless but when do sell it's purchase price and value become important.

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Re:The Shock of Sweden's Housing Market Is Hitting the Count... by lisper on Wednesday November 15, 2017 @04:48PM (#15708165)

You're right, sorry, I misread it. I'm losing the battle of trying to keep up with all the branches of this thread.

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