sale of primary residence — Orange County Real Estate and Homes for Sale

Homeowners Capital Gain Tax Exemption for the Sale of your Primary Residence

January 9, 2007 By admin Leave a Comment

One of the biggest gifts that the government has ever given ordinary tax payers is the homeowners capital gains tax exemption for the sale of your primary residence. According to this law, you are entitled to exclude up to $250,000 of capital gain if you are single and up to $500,000 of capital gain if… Read More