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Real Estate

November 4, 2008 By john

Is the Profit on Your Home Sale Taxable?

When going to sell your home many people wonder if the profit they make off of the sale will be taxable or not.  The answer is sometimes yes and sometimes no. Generally the profit you make off of selling your home is considered a capital gain and taxed at capital gains rates.  However, there are

Filed Under: Real Estate

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