Do you pay taxes when you sell a house? Understand how to calculate your taxable gain, including how to adjust for your home's cost basis, the impact of home improvements, and strategies to maximize your home-sale tax benefits under IRS rules.
Selling your home may have more unexpected tasks than anticipated. Learn how to sell your house, if you should hire an agent, and when to accept an offer.
Selling a house isn’t all profit — there are costs associated with a home sale, which typically come out of your profits at closing. Keep in mind that your seller closing costs are in addition to any repairs and staging you may have done to spruce up the house before listing, and ...
One of the critical financial aspects that should be considered is thereal estate capital gains tax ramifications. The current capital tax gains law says that you can exclude up to $500,000 in profit if you are married and selling a house. If you are single, the capital gains exclusions dr...
The time had come to sell my old Kentucky home. My 90-year father had died, and I had no desire to move back to my birthplace. Built in the French Provincial style by my parents in 1963, the house was beautiful, with a pool and tennis court, surrounded by woods. But it hadn’t ...
Alden provides some insight into her approach: “I think of it as ‘This is what my listing fee is,’ and then we always give a range. Here’s the high range, and here’s the low range. What’s your motivation for selling your house? Do you want to sell it quickly? Do you want...
Selling a house can be a daunting task, especially if you're trying to do it on your own without the help of a real estate agent. While many people choose to sell their homes with the help of a realtor, others prefer to go the DIY route and sell their houses without one. This can...
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The fees associated with selling a house usually amount to around 9 to 10% of the sale price, plus the cost of home prep and staging.
11.Lots of people buying and selling make up a market. 12.“I wish I really could stop time. It might be the only way to keep them from selling the house.” 13.After we’re trained, Greta’s nice about giving us the same shift, and we do everything from selling tickets and makin...