Under the current U.S.tax code,saving in the form of real estate is:

Name: Under the current U.S.tax code,saving in the form of real estate is:
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Under the current U.S. tax code, saving in the form of real estate is encouraged because of the low rate of taxation on capital gains in housing. The tax rate on long-term capital gains for real estate is 0%, 15%, or 20%, depending on the taxpayer's income. This is lower than the tax rate on other types of capital gains, which can be as high as 37%.

Under the Current U