How to Avoid Capital Gains Tax on a Home Sale
Will Springer Realtor
MAY 7, 2024
That can leave the sellers on the hook for a large capital gains tax on the sale. The problem is that in 1997, when the maximum exclusion levels were added to the tax code, they were not indexed to inflation,” says Evan Liddiard, CPA, director of federal tax policy for the National Association of Realtors® (NAR).
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