Zachary C. asked
We are selling our home in Indiana after only 10 months of ownership. Will we have to pay any tax on the sale? We are retired military and my wife works from home. Our adjusted gross income (AGI) is around $110,000. Can we deduct expenses like home improvements, listing fees, and real estate agent fees?
September 24th, 2024
Daniel G. answered
Yes, the gain from selling your home will be taxable, especially since you've owned it for less than...
September 24th, 2024
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