How to Sell Your Home and Avoid Capital Gains Taxes
To sell your home and potentially avoid paying capital gains taxes, you’ll need to meet specific requirements set by the IRS. Here’s a step-by-step breakdown: ✅ 1. Meet the Ownership and Use Test To exclude up to $250,000 (or $500,000 if married filing jointly) of capital gains on your home sale: These two years do … Continued