Selling your home and moving can be expensive, but many of the costs may be deductible. The IRS offers 10 tax tips on deducting some of those selling expenses or profits. In general, you are eligible to exclude the gain from income if you have owned and used your home as your main home for […]

When you decide to sell your home, you need to know what the cost basis of the home is, because it needs to be noted on your income tax return for the year you sell your home. When you are considering selling your home, taxes are probably not the first thing on your mind. Taxes […]