The Finances of Selling a House
It all starts with setting the right price. But even this can be a challenge, with fluctuations in the economy and in buyer psychology. Other financial issues to get straight include what commission to pay your real estate agent, whether you'll owe capital gains tax, and more. Get more information here.
-
Moving Up: Selling Your Home and Buying Another
How to juggle two mortgages.
-
Alternatives to Selling: Becoming a Landlord
There may be more value to holding onto the property and renting it out than you realize.
-
Seller Financing: How It Works in Home Sales
A useful tool in a tight credit market.
-
Evaluating the Price and Other Financial Parts of a Homebuyer's Offer
Look beyond the dollar signs when deciding on a homebuyer’s purchase offer.
-
Could I End Up Owing the Buyer Money When My Home Sale Closes?
Situations where the profit on the sale--and then some--gets eaten up by closing costs and expenses.
-
Short Sale of Your Home: Is It Right for You?
A short sale might be the answer to your mortgage problems. Here's what you need to know.
-
Short Sales and Deeds in Lieu of Foreclosure
Understanding how these alternate methods of transferring a house that you can't afford to pay the mortgage on work.
-
Will Fees I Pay My Home Stager Reduce My Capital Gains Tax Obligation?
Staging is one of the many advertising and advertising-related expenses that you, as the homeowner, may deduct from your selling expenses for capital gains tax purposes.
-
Will fees I pay for pre-sale home window washing reduce my capital gains tax obligation?
Window cleaning may help sell your home, but it won't help lower your tax obligations.
-
Will fees I pay for pre-sale home cleaning and hauling reduce my capital gains tax obligation?
Find out if the person you hired to clean your house prior to the sale is tax deductible. Read on to learn more information about what is tax deducted in the home sale process.
-
Will fees I pay for pre-sale landscaping reduce my capital gains tax obligation?
Home landscaping is one of the most common types of improvements homeowners make, and can be used to reduce your capital gains tax obligation.
-
Can I reduce my capital gains tax obligation with costs of carpet cleaning pre-home-sale?
Carpet cleaning may help you sell your home, but the IRS won't give you any tax benefits for it.
-
Will fees I pay for pre-sale home painting reduce my capital gains tax obligation?
Home painting is a classic example of a repair, which, with a few exception, cannot be used to reduce your tax obligations.
-
How Does the Capital Gains Tax Exclusion Apply to Three Co-Owners of a Home?
Every co-owner, married or not, can claim a $250,000 exclusion, if other conditions apply.
-
Selling Your House in a Tough Market
Maximize your profits with tips from a team of real estate experts.
-
Tax Issues When Selling a Condo, Townhouse, or Other Property in a Homeowners' Association
Save on capital gains tax by including your share of homeowners' association improvements.
-
Questions Home Sellers Should Ask a Prospective Tax Pro
Before hiring someone to advise you on tax aspects of your home sale, ask these questions.
-
Tax Deduction If Selling Rental Property at a Loss
Unloading your rental property for less than you purchased it for? The loss may be deductible against your ordinary income.
-
Avoiding Capital Gains Tax When Selling Your Home: Read the Fine Print
You may exclude up to $250,000 per co-owner of your capital gain from tax -- or up to $500,000 for married couples filing jointly.
More About This Topic
More Legal Topics
Talk to a Real Estate attorney.
How It Works
- Briefly tell us about your case
- Provide your contact information
- Choose attorneys to contact you