Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

The Real Cost of Selling Your Home

By Carla Fried - 2013-06-12T20:51:17Z

Photograph by Mike Kemp

Company Symbol % Change
14 of 15

The Tax Bill

It’s been a while since the capital gains hit on home sales has been a topic of conversation, but the market is heating up. If you’re single and have a gain larger than $250,000 ($500,000 for married couples), Uncle Sam is going to come a-knocking for a 15 percent capital gains tax. The $250,000/$500,000 capital-gains exclusion generally requires that you lived in the home for at least two of the five years prior to the sale.

Advertisement