Suppose you sell your primary home and make a $750,000 profit. Will you owe capital gains tax on that profit? The short answer is yes. Depending on a handful of factors, you may owe tens of thousands ...

When you sell a primary residence, the IRS allows you to exclude from your capital gains taxes the first $250,000 of profits if you file single or $500,000 of profits if you file jointly. You must ...

If you make a net gain of $590,000 from selling your home, at least part of that amount may be subject to taxes, regardless of your situation. However, in many cases, you won’t owe taxes on the full ...

I am selling my house and the price is $504,999. After paying off this house I will net $400,000. Do I have to pay a capital gains tax as I’m planning to pay off my retirement home with the money I ...

Selling your house could free up funds to pay off your mortgage and other debt, but it's not the right move for every homeowner. Before listing your home, consider how much equity you have and ...

Selling your house is a major financial transaction. Whether you’re downsizing, upgrading or moving for another reason, you need to know what to expect. After all, you want to get the most you can out ...

Keaidy Bennett and her ex-husband sold their home when they divorced. She told Business Insider she wishes she had held onto ...

When I’m selling my home, do I need to address neighbor’s claim that concrete fence is encroaching on his property?

Of all the homes my husband and I have sold over the years, my biggest regret involves house No. 6. We worked with the wrong real estate agent. She was gregarious and personable, and entirely too ...

Our longtime client Dr. "G" dropped by the office with a question: "Beave, I want to sell the home I inherited from my parents years ago as is and by myself, without a real estate agent. Why pay a ...

AS yet another viewer traipsed in and out of Jennie Bailey’s seaside home, her shoulders slumped in dismay. So after 12 months on the market and not a single offer, the mum-of-two decided to gamble on ...

Ashley Peek started selling clothes on Poshmark when she was in college to clear out her closet. She now spends 25 hours a week on her reselling business, while keeping her full-time job. Peek shares ...