6 Tax Facts Home Sellers Should Know [Inforgraphic]

With 2012 coming to a close, it’s best to cross those “T”s and dot those “I”s for the upcoming tax season. selling a home is a big deal especially when the proceeds result in a net gain upwards of $250,000. Knowing your tax exemptions and liabilities is essential and is hopefully considered prior to selling a property. Below you’ll find 6 tax facts home sellers should know:

(You are strongly encouraged to consult with a tax professional regarding any and all information provided)

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