🏡 Selling Your Home? Here’s How Capital Gains Taxes May Work
Thinking about selling your home this year? Here's something to keep in mind: if your home has gone up in value, you might have to pay capital gains taxes on the profit when you sell. But the good news is, many homeowners can avoid paying taxes on part (or even all) of that profit!
Because for many homeowners, this rule helps keep more money in your pocket after a sale—especially with how much home values have grown over the last few years!
But here’s the most important part:
Always consult with a tax professional or CPA to understand how this applies to your personal situation and to make sure you're maximizing your savings.
💬 Curious how selling your home works or if now’s the right time? Let’s chat about your options!