Do you have to pay capital gains on your primary residence 2024?
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Works at the World Meteorological Organization, Lives in Geneva, Switzerland.
When you sell your primary residence, you can make up to $250,000 in profit if you're a single owner, twice that if you're married, and not owe any capital gains taxes. --Most people are not going to have a tax obligation unless their gain is huge,-- says Robert Trinz, senior analyst with Thomson Reuters Checkpoint.Feb 17, 2017
2023-06-15 12:11:38
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When you sell your primary residence, you can make up to $250,000 in profit if you're a single owner, twice that if you're married, and not owe any capital gains taxes. --Most people are not going to have a tax obligation unless their gain is huge,-- says Robert Trinz, senior analyst with Thomson Reuters Checkpoint.Feb 17, 2017