Day: February 11, 2022 | Summit Buys Houses

When Selling Your Massachusetts House – Plan For Capital Gains Taxes

February 11, 2022

When you sell your house in Massachusetts, did you know you have to pay taxes on the profit from that sale? Capital gains taxes are incurred whenever capital assets like a house, condominium, or investment property experience an increase in value and then are sold to another party. When that capital asset sells, the gains … Continued

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Summit Buys Houses is a real estate company that purchases properties for cash throughout Massachusetts, Maine and New Hampshire. Because we purchase property with cash, we eliminate using bank loans, real estate agents, or appraisers. We renovate these properties and either resell or keep them as rental units. Our offers to buy houses are made to sellers based on the current market value in the area where the property is located and the cost of repairs that are needed. Summit Buys Houses does everything possible to bring forth the highest possible cash offer to give the house seller the most benefit and profit from dealing with us to ensure a fast sale.

“Summit Buys Houses” is DBA for Summit RE Group LLC, a corporation registered in good standing in the states of Massachusetts, Maine, New Hampshire and Nevada.

CONTACT:

Summit Buys Houses

440 Middlesex Rd., Ste 202

Tyngsborough, MA 01879

(978) 254-3800
jpinard@summitbuyshouses.com