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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. 15 Self-Employment Tax Deductions You Should Know - AOL

    www.aol.com/15-self-employment-tax-deductions...

    Here’s the top 15 self-employment tax deductions that you might qualify for: Common Tax Deductions. Here are a few of the most common self-employment tax deductions: 1. Self-Employment Tax Deduction

  4. Are Property Taxes Deductible? - AOL

    www.aol.com/property-taxes-deductible-224345757.html

    Property tax deductions on rental properties do not fall under the SALT cap. If you own a primary and second home, you can only deduct up to $10,000 even if you paid $6,000 in property taxes on a ...

  5. Avoid Capital Gains Tax When Selling a House - AOL

    www.aol.com/avoid-capital-gains-tax-selling...

    Taxes come into play almost any time you make money. So, if you make a profit off the sale of your property, you’ll probably run into capital gains tax.For example, if you purchased a property ...

  6. Internal Revenue Code section 1031 - Wikipedia

    en.wikipedia.org/wiki/Internal_Revenue_Code...

    In highly appreciating markets, people may take the opportunity of selling their personal residence (where no capital gain is due below $250,000 for a single person or $500,000 for a married couple—see Taxpayer Relief Act of 1997) and moving into a former rental property for a specified time period in order to turn it into their new personal ...

  7. 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.

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