Seven Things You Should Know When Selling Your Home
Believe it or not, the IRS site is a great resource.
I’ve been making a list of questions to ask our CPA, Bill, about real estate transactions that have occurred in our lives over the past year. Out of curiosity, I checked the IRS site, and BINGO. I found all the answers, plus more things I hadn’t thought about—increases for dollar limitations on benefits and contributions, IRA contribution and deduction limits, etc.
Knowing it would take Bill a few days to return my call during the tax season, I’ve bookmarked the site and think you may want to do the same. Here’s a link regarding Seven Things You Should Know When Selling Your Home. It’s pretty basic, but will hopefully generate more questions and answers while you gather your paperwork and head to your accountant’s office this year.
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