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Selling Your Home: Home Gains Tax on the Sale of a Main Capital How to calculate capital home. taxes on the sale of a main

523 Publication 2004 File Format: PDF/Adobe Acrobat - View as HTMLYour browser may not have a PDF reader available. Google recommends visiting this text version

Tax Breaks Selling for Your Home: Read the Fine Print If you sell your tax you may exclude up to $250000 of your capital gain

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Selling Your Home Tax Tip 2005. March 18, 2005-55, If you sold your main home, Selling Your Home, or order it by calling toll free

Tip for Selling Your Home: Avoid Making a “Statement”

If you have any kinds of “loud” decorating that makes a statement or that is controversial, you should take it down.

Examples of controversial decorating are a deer head on the wall, or a bear skin rug.

These items may be attractive or fun in your eyes, but there are many people who will find this a complete turnoff.

This is the same for books and magazines that you might have lying around. If you’re not sure, the best thing is not to display them, in case something might be offensive or simply unattractive to prospective buyers.

Home Selling Tips: Shed Light on the Subject

Two major things that your potential buyers will be looking for in your home include light and space.

Sure, it’s alright to have one room that is a bit on the darker side; however, if the entire home is dark, that should be considered to be a problem.

When people will be viewing your home, open drapes and blinds, turn on all of the lights, and add lights to darker rooms.

If Mother Nature doesn’t feel like being helpful on the day that people will be viewing your home, use flowers and other similar things that will suggest sunlight.

Your goal is to make your space look crisp, sharp, and vibrant. Your home should be a happy space inside which the prospective buyer wants to spend more time.



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