The elderly or disabled exclusion deducts $25,000 or 50% of the appraised property value, whichever is greater, on property taxes for qualifying homeowners. The exclusion applies to the individual ...

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 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 ...