Posts tagged Sellers
Sold Your Home This Year? Consider Writing Off Some Common Expenses

If you’ve sold a home this year, then you can expect that come springtime, you’ll be facing a capital gains tax. As Homelight  describes, “your house is considered a capital asset and, depending on how much you sell it for and how long you’ve owned and lived in it,” you may qualify for a number of tax deductions that will “lower your capital gains tax obligation.”  

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