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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. 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 ...

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

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

   Your capital gains tax rate depends on your income, tax filing status, and how long you owned the property. For 2024, if you have owned your home for over a year, the long-term capital gains tax ...

5. 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 ...

6. Cost basis - Wikipedia

   en.wikipedia.org/wiki/Cost_basis

   Basis (or cost basis), as used in United States tax law, is the original cost of property, adjusted for factors such as depreciation.When a property is sold, the taxpayer pays/(saves) taxes on a capital gain/(loss) that equals the amount realized on the sale minus the sold property's basis.

7. I'm Downsizing for Retirement. I'll Net $480k Selling My ...

   www.aol.com/im-selling-house-netting-480k...

   If you’re evaluating tax consequences of selling your home, consider talking it over with a financial ... You sold it recently for $780,000 and you’re using that to calculate your $480,000 net ...

8. How To Calculate Your Net Proceeds From Selling Your Home - AOL

   www.aol.com/calculate-net-proceeds-selling-home...

   Selling your house is a major financial transaction, so you'll want to be sure you're coming out ahead. You'll need to keep track of all the costs associated with the sale of your home as you ...

9. How Much Will Selling Your Home Cost You in Taxes? - AOL

   www.aol.com/finance/much-selling-home-cost-taxes...

   Selling a home can put a large sum of money in your pocket but there's one important thing to consider: Taxes. Whether the sale of a home is taxable or not can depend on the amount of the gain ...