home sales and tax – The Burns Firm – Advisors of Complex Financial Matters

Selling a Home: Will You Owe Tax on the Profit?

September 21st, 2021|Categories: Accounting|Tags: can i deduct loss when i sell my home, CPA Dallas, cpa near me, Dallas CPA, gain above the exclusion amount when sell home, gain exclusion when selling a home, home sales and tax, if I sell my home will i have to pay tax on profits, NIIT, should i keep track of my basis on sell of home, tax on selling a home, tax preparer near me, tax return preparation, The Burns Firm|

Many homeowners across the country have seen their home values increase recently. According to the National Association of Realtors, the median price of homes sold in July of 2021 rose [...]