Thinking of selling your home? Make sure you are not paying unnecessary taxes!
Posted by Larry Animashaun
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If you are lucky enough to own a home in one of the many area's of Houston that are experiencing large increases in value, then your house is probably worth a lot more than you initially paid for it. This mean when you come to sell, the tax man is naturally going to want his share of the "profit" you made on your property. Luckily for you there are some ways to legally reduce or even avoid paying capital gains tax, many of which are outlined in this article, how to avoid paying capital gains tax . You should always consult a reputable tax advisor before making any tax decisions.
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Disclaimer: The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the HRIS.
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