What is tax deductible when selling a home?

Answer As a homeowner, you are entitled make deductions such as property taxes and mortgage interest during your time of ownership. When it's time to sell your home, other deductions may apply.Capital Gai... Read More »

Top Q&A For: What is tax deductible when selling a home

Tax Deductible Expenses When Selling a House?

Selling a house provides a taxpayer with several tax deductions that reduce his total taxable income for the year. You must apply the deductions during the year the house sells and enter it on Sche... Read More »

What are the time restrictions on selling a home when you have a FHA mortgage?

Getting an FHA loan on a house isn't so much about commiting to live there for a time frame, it's about buying a house that you intend to live in rather than to keep as a landlord or to flip. If y... Read More »

How to Stage a Kitchen when Selling a Home?

Kitchens are at the heart of any home and a kitchen that is presented beautifully when selling is a must. Whether you are tweaking a few features, or considering a full-blown renovation, make sure ... Read More »

Expenses That Are Tax Deductible When Working From Home?

If you do part or your entire job from a home office, then there are tax benefits that you should be aware of before filing your next tax return. Many items related to home-based work can be deduct... Read More »