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When you sell your home, the capital gains on the sale are exempt from capital gains tax. Based on the Taxpayer Relief Act of 1997, if you are single, you will pay no capital gains tax on the first $250,000 you make when you sell your home. Married couples enjoy a $500,000 exemption.

The bottom line is that if you inherit property and later sell it, you pay capital gains tax based only on the value of the property as of the date of death. Example: Jean inherits a house from her father George. He paid $100,000 for it over 20 years ago. Her tax basis in the house is $500,000.

Yes, but can be mistaken for a stomach ache or another non-threatening condition during the initial stage.  Deposits of harmful cells 2 centimeters or more are often found in the abdomen during stage 3 of ovarian carcinoma. Constipation is another cause of weight gain.

Taxpayers in the 10 and 15 percent tax brackets pay no tax on long-term gains on most assets; taxpayers in the 25-, 28-, 33-, or 35- percent income tax brackets face a 15 percent rate on long-term capital gains. For those in the top 39.6 percent bracket for ordinary income, the rate is 20 percent.

Long-term capital gains are gains on assets you hold for over a year. They're taxed at a separate rate. Depending on your income tax bracket, your tax rate on long-term capital gains could be 0%. Even those in the top income tax bracket pay long-term capital gains rates that are lower than their income tax rates.