Mickey7@lemmy.world to Lemmy Shitpost@lemmy.world · 9 days agoOwing your home today is nearly impossible, but even if you did the ever increasing property taxes will bury youlemmy.worldimagemessage-square353fedilinkarrow-up1747arrow-down191
arrow-up1656arrow-down1imageOwing your home today is nearly impossible, but even if you did the ever increasing property taxes will bury youlemmy.worldMickey7@lemmy.world to Lemmy Shitpost@lemmy.world · 9 days agomessage-square353fedilink
minus-squareCryophilia@lemmy.worldlinkfedilinkarrow-up2·8 days agoCapital gains absolutely apply to primary home sales. You’re just allowed to exclude the first $250k of gains, or $500k if married filing joint. https://www.irs.gov/taxtopics/tc701
Capital gains absolutely apply to primary home sales. You’re just allowed to exclude the first $250k of gains, or $500k if married filing joint.
https://www.irs.gov/taxtopics/tc701