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colver
Apprentice
Joined: 26 May 2004
Posts: 6
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 Posted: 02/12/08 - 07:00 Post subject: |
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| Hi, guys. I am planning to sell my house. I will probably move to another one and I won’t keep the first one. I am interested in which taxes I will have to pay when selling the house. I would appreciate that information. Thanks for reading and replying. It means a lot to me. Bye! |
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siward
Apprentice
Joined: 09 Jun 2007
Posts: 4
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| Posted: 03/13/08 - 03:30 Post subject: |
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| Hi, there. You haven’t mentioned how much money you will gain for your house. That is important information. If it is up to $250.000, then you can be excluded on paying capital gains. This is only valid if you sell your main home. I think there won’t be federal income tax. You will have to pay realtor fees, of course. I can’t give you more info. I will try to ask around for some more info. I hope I’ve helped you a little. Best of luck! |
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