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Avoiding Capital Gains on the Sale of Your Home

One big concern when selling your home may be the potential for incurring capital gains. If your home has greatly appreciated in value since you purchased it, this may just be something you will face.

Currently, if you are single and sell your home with a capital gain of $250,000 or if you are married for $500,000, you may be on the hook for a big tax surprise. There are exclusions, however, that may help you avoid owing Uncle Sam. See this article on House Logic's website for more info.



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