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Lemmy Shitpost@lemmy.world · 9 days ago

Owing your home today is nearly impossible, but even if you did the ever increasing property taxes will bury you

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Owing your home today is nearly impossible, but even if you did the ever increasing property taxes will bury you

Mickey7@lemmy.world to

Lemmy Shitpost@lemmy.world · 9 days ago

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8 days ago
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

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