selling a rental house: Sale of Residence - Real EstateTax Tips
- 04/14/15 04:37 AM
I am surprised all the time by home owners who do not realize that they may not have to pay taxes on the sale of their home. Here are some helpful Sale of Residence - Real Estate Tax Tips thanks to the irs.gov website. Buyers & Sellers should seek the advise of a tax professional if they have any questions.
Sale of Residence - Real Estate Tax TipsYou may qualify to exclude from your income all or part of any gain from the sale of your main home. Your main home is the one in which you live most of the time.
Ownership and Use … (2 comments)
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I am surprised all the time by home owners who do not realize that they may not have to pay taxes on the sale of their home. Here are some helpful Sale of Residence - Real Estate Tax Tips thanks to the irs.gov website. Buyers & Sellers should seek the advise of a tax professional if they have any questions.
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