Selling a house may be a lucrative long-term savings strategy. Find out what impact this has on your taxes.
Are you worried about the tax implications on the huge financial gain from the sale of your home? Find out if you can qualify for a tax break.
The tax liability on a sold property will depend on factors like the purpose it was purchased for, what it was used for, the costs associated with selling your home including home improvements that may help you offset the capital gains (the difference between the purchase price i.e. what you paid for a house and what you sell it for, less the cost of any capital improvements made by you for the property). Don't miss these tax breaks! Get informed and take advantage while you can.
Find out what you should ask your tax consultant? Request the report NOW!