Capital Gains Tax on Home Sale
Many homeowners may exclude some gain on a primary residence. Check IRS rules or ask a tax pro.
Estimate your net proceeds after payoff, fees and closing costs.
Key points
- Estimate your net proceeds after payoff, fees and closing costs.
- Ask each buyer for a written breakdown.
- A tax professional can explain how a sale affects you.
Related: instant cash offers, closing costs, how to sell a house fast.
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