what is the capital gains tax: How the Capital Gains Tax Affects Home Sellers - 09/09/22 12:30 PM
You sold your Westfield area home this year. You also earned a nice profit from your sale. Congratulations! But, come April 15th, you may end up owing some money because of what you made from your home sale. That is called the Capital Gains Tax. However, there are a few ways you can reduce and sometimes even eliminate this tax. 
How the Capital Gains Tax Affects Home SellersWhat are Capital Gains?First of all, it helps to know what capital gains means. In real estate, the difference between what you paid for your luxury NJ home when you initially bought it and what … (2 comments)

 
Scott Gleason, CRS, Westfield NJ New Homes Specialist (Coldwell Banker Realty)

Scott Gleason, CRS

Westfield NJ New Homes Specialist

Westfield, NJ

More about me…

Coldwell Banker Realty

Address: 209 Central Ave, Westfield, New Jersey, 07090

Office: 908-233-5555

Mobile: 908-698-2630

Author Bio: Scott Gleason, CRS writes frequently about Westfield Real Estate, and surrounding towns. Scott works with sellers to successfully prepare and present their Westfield new homes for sale, as well as guiding home buyers and real estate investors.

Real Estate Listings, market, values, homes for sale, marketing, luxury homes, real estate investments in Westfield NJ.


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