after-tax proceeds from resale

After-Tax Proceeds from Resale

When one sells an asset, the profit on that sale after any applicable taxes on it are paid. For example, if one sells a house for a $100,000 profit (after paying off the remaining mortgage and making realtor fees and so forth) but owes $25,000 in taxes from the sale, the after-tax proceeds from resale are only $75,000. The amount of the after-tax proceeds from re-sale may vary on the same investment depending on whether one owes income tax or capital gains tax.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

after-tax proceeds from resale

The amount of money left for the investor upon a sale after deducting all sale costs and taxes.This is the money available for reinvestment in another property.
The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
Copyright © 2003-2025 Farlex, Inc Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.