building wealth with real estate: Moving On Up! - 05/12/10 06:31 AM
Moving On Up!  - Capital Gains When Selling Your Home -
69% of people in the United States own their own home.  One question I am often asked when a homeowner is considering selling their home is the amount of taxes they will be liable for on the sale.
The good news is that if you have lived in the house for 2 out of the last 5 years, making it your primary residence, you can claim an exempt from capital gains taxes up to $250,000. for single filers and $500,000 for joint filers.
The really good news is that … (5 comments)

 
Maria Morton, Kansas City Real Estate 816-560-3758 (Chartwell Kansas City Realty) Rainmaker large

Maria Morton

Kansas City Real Estate 816-560-3758

Kansas City, MO

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Chartwell Kansas City Realty

Address: 4141 Pennsylvania Ave. Ste. 105, Kansas City , MO, 64111

Office: (816) 877-8200

Mobile: (816) 560-3758

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