Chris Eichmuller, CPA, explains the circumstances in which the sale of your home could be tax-free:

 

 

Selling your home and moving into a smaller house or a condo is seldom an easy decision, but at least part of the decision-making process is a little easier in light of an exclusion that eliminates most people’s federal tax liability on gain from the sale or exchange of their homes.

Under these rules, up to $250,000 of the gain from the sale of single person Read More >>