Tips to Turn Buying a Home into a Reality

Homeownership seems more out of reach than ever for many Americans, especially for those who have been waiting for real estate prices to drop. But there are still multiple ways to buy a home right now, or to position yourself for a future purchase. Build up your down payment. The higher real estate prices climb, the…

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The Home Gain Exclusion: Make Sure You Qualify!

    The home gain exclusion is one of the most generous tax breaks available to taxpayers, providing the ability to exclude up to $250,000 ($500,000 married) in capital gains on the sale of your personal residence. Here is what you need to know. Background As long as you own and live in your home…

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