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1. If you’ve owned and lived in your home for two of the five years prior to selling, you can generally exclude up to $250,000. of the gain from your income ($500,000. on a joint return, in most cases). 2. You are not eligible for this exclusion if you sold another principal residence within th...
You may not have time before your home goes on the market for all the home projects you’ve been putting off, but you should definitely make time for your floors. Buyers looking at a home with hardwood floors want them to be in great shape, not warped, scratched or cracked. Home buyers will also ...