Capital Gains Tax on Selling Primary Residence Explained

Before you accept that friendly offer, run the capital gains tax on selling primary residence test I use with every seller who thinks they've found a shortcut. A familiar buyer feels safe. That doesn't mean it's the smart move. I sit down with sellers every week who are ready to skip the open market because a neighbor, a friend, or a family member made an offer first. It feels easier. No strangers walking through the house, no bidding wars, no waiting. But convenience has a price, and most p...