What type of capital gains taxes can I expect after the sale of my main residence?

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Posted by Gabriel Weiland (MONEY FORUMS: 7, Answers: 0)
Asked on May 12, 2016 11:30 pm
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Actually only a gain of $250,000, if you file singlely, may be excluded from capital gains tax.

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Posted by Alex Cohen (MONEY FORUMS: 1, Answers: 2)
Answered: September 21, 2016 4:35 pm
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As long as you’ve lived there 3 of the last 5 years, then you’ve got no capital gains taxes. Consult with a tax professional if you’ve been using it as a rental or if you’ve owned it less than one year since you might get hit with capital gains taxes in that case.

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Posted by Hannah Rounds (MONEY FORUMS: 1, Answers: 54)
Answered: May 15, 2016 5:07 pm