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Selling Real Estate

Tax Laws for Selling Real Estate

Tax Laws for Selling Real Estate

If you live in a house for two of the previous five years, you owe little or no taxes on its sale. Knowing the tax laws can make a considerable difference in the tax picture when you sell a building, whether it’s your residence or a property that was previously your residence. Betting on the house: Rules for property sales Real estate agent Shelley Bridge vividly recalls how a love affair once cost a...

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