Mickey7@lemmy.world to Lemmy Shitpost@lemmy.world · 2 months agoOwing your home today is nearly impossible, but even if you did the ever increasing property taxes will bury youlemmy.worldexternal-linkmessage-square349fedilinkarrow-up1760arrow-down191
arrow-up1669arrow-down1external-linkOwing 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 · 2 months agomessage-square349fedilink
minus-squareCryophilia@lemmy.worldlinkfedilinkarrow-up2·2 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