How to Avoid Capital Gains Taxes (Legally) on Your Home Sale
Money Girl
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How to Calculate Your Capital Gains on a Home Sale
When you sell certain assets and have a profit, you must pay capital gains tax on your gain. Calculating your gain on a home sale gets a little more complicated because you may have made renovations or significant repairs known as capital improvements while you lived in the property. So I'm going to take you through four basic steps to determine your capital gain on a house sale.
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