David Sands Quotes (3 Quotes)

For a 'married filing-jointly' couple, who've lived in the home two out of the last five years, the exclusion from gain would be about 500,000. For those who are single, 250,000.

Well it's a 15 percent federal tax, those who live in New York City, you do have New York State and city taxes which add up to another 11, 12 percent on top of that.

It's certainly an income generator for the government.