11 Nov What happens on tax for this home after my divorce?
Calculating your capital gain on a home sale involves several important figures....
Calculating your capital gain on a home sale involves several important figures....
If it's not your primary residence, you may owe more in tax. ...
You must pass several tests to get this large tax break on your home sale. ...
Depending on the specifics, you could owe no tax on your home sale. ...
Second or vacation home sales are taxed differently than primary home sales. ...
There are several tax issues to consider when you sell your home. ...
The exit tax is a pre-paid, estimated tax based on your home sale. ...
Depending on the specifics, you could have money coming to you. ...
An inherited home is treated differently than a home that's gifted....
The circumstances of the sale will determine what taxes are owed....