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  2. Capital gains tax on real estate and selling your home - AOL

    www.aol.com/finance/capital-gains-tax-real...

    You can sell your primary residence and avoid paying capital gains taxes on the first $250,000 of your profits if your tax-filing status is single, and up to $500,000 if married and filing jointly.

  3. Capital Gains on the Sale of a Second Home - AOL

    www.aol.com/finance/capital-gains-sale-second...

    Capital gains tax applies when you sell an asset for more than you paid for it. While the IRS typically offers an exclusion for capital gains from the sale of a primary home, the rules are a ...

  4. Will I Owe Taxes if I Sell My Home? - AOL

    www.aol.com/owe-taxes-sell-home-115700974.html

    What is the capital gains tax exclusion? The tax break for homeowners is called the capital gains tax exclusion. It’s a federal benefit that allows you to exclude up to $250,000 of home sale ...

  5. Netting $800k from Your Home Sale? Learn How to Minimize ...

    www.aol.com/im-selling-house-netting-800k...

    When you sell your home, you can take a $250,000 (single) or $500,000 (joint) exclusion from your capital gains. After that, you must pay taxes on any remaining profit from the sale.

  6. Ask an Advisor: I'm Selling My Home for $750k-How Much ... - AOL

    www.aol.com/finance/aaa-im-selling-house-netting...

    I am selling my house and the price is $504,999. After paying off this house I will net $400,000. Do I have to pay a capital gains tax as I’m planning to pay off my retirement home with the ...

  7. I'm Downsizing for Retirement. If I Net $750k When I Sell My ...

    www.aol.com/finance/im-selling-home-netting-750k...

    If you sell your primary residence the IRS allows you to exempt a certain lifetime amount of profit from taxes. Single taxpayers can exempt the first $250,000 of capital gains from the sale of ...

  8. Tax aspects of home ownership: selling a home - AOL

    www.aol.com/article/finance/2020/02/06/tax...

    Most home sellers don’t have to report the transaction to the IRS. But if you’re one of the exceptions, knowing the rules will help you with your tax bill.

  9. Property Taxes: How To Avoid the IRS Coming After Your Second ...

    www.aol.com/property-taxes-avoid-irs-coming...

    If it’s a residential home, you can deduct mortgage interest as long as the second home is the one that secures the loan. You can also deduct state and local property taxes — up to $10,000 ...

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