Mickey7@lemmy.world to Lemmy Shitpost@lemmy.world · 4 months agoOwing your home today is nearly impossible, but even if you did the ever increasing property taxes will bury youlemmy.worldimagemessage-square346linkfedilinkarrow-up1760arrow-down191
arrow-up1669arrow-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 · 4 months agomessage-square346linkfedilink
minus-squareCryophilia@lemmy.worldlinkfedilinkarrow-up2·4 months 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