Sellers ask “How much tax will I pay when I sell my house?”

It never ceases to amaze.

Tell me if you’ve experienced this or witnessed this.
You are excited about this new decision you have made.
Either to buy or sell property, or start or grow your business, have a child,
get married, take a trip, make an exciting investment etc.

And at least one person starts stomping on your excitement and your vision with negative statements.

For my Sellers, the big water bucket to their flame of joy is: Capital gains tax

So let’s lay it out there so you can see why Capital Gains Tax is not a reason to keep a property that is no longer serving you properly.

First, it’s important to note that I am not a tax professional and I am not a lawyer. I am a highly effective real estate agent with a vast knowledge of real estate regulations, marketing, negotiating and protecting my client’s interests, but my advice should never take the place of a tax professional when it comes to tax law.