Buy a Home in St Petersburg Florida

If You’ve Put Your Home on the Market, You Need to Know the Tax Consequences of a Sale

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Summer is a common time to put a home on the market. If you’re among those who are following this trend, it’s important to be aware of the tax consequences. If you’re selling your principal residence, you can exclude up to $250,000 ($500,000 for joint filers) of gain — as long as...