A new problem is beginning to emerge that will surprise many homeowners when they sell their primary residences ...

So if you used the exclusion when you filed your 2024 taxes, for example, you cannot use it again on your 2025 taxes. How Do I Avoid Paying Capital Gains When I Sell My Home? While you may not be ...

Luckily, there is a tax provision known as the "Section 121 Exclusion" that can help you save on taxes following a home sale. In simple terms, this capital gains tax exclusion enables homeowners ...

So, although not afforded the capital gains exclusion, there are ways to reduce or eliminate taxes on capital gains for investment properties. Rental Property vs. Vacation Home Rental properties ...