If your taxable gain is $120,000, for example, and you're in the 25 percent tax bracket, you'd pay $30,000 if you sell after six months, but only 15 percent -- $18,000 -- if you hold on to the property for longer than a year.ake the purchase price of your property and add the cost of any improvements, Realty Times advises. If you bought a rental home for $300,000, for instance, that would be the basis for calculating your gains.
Bar Code-Commercial Use. In June of 1974, the first U.P.C. scanner was installed at a Marsh's supermarket in Troy, Ohio. The first product to have a bar code included was a packet of Wrigley's Gum.
1916 Electric refrigerators were first offered for sale, for $900.1916 William Rosenberg founder of Dunkin' Donuts was born (died 2002).1916 Clarence Saunders founded Piggly Wiggly grocery store chain in Memphis, Tennessee.The first true self service grocery store.917 Clarence Saunders, founder of Piggly Wiggly grocery store chain in Memphis (the first true self-service grocery store), received U.S. Patent #1,242,872 for a 'Self Serving Store'. 1917 William H. Fruen died (born 1845). Patented the first U.S. patent for a liquid dispensing vending machine.