Rei L. Mesa
Berkshire Hathaway HomeServices Florida Realty
1580 Sawgrass Corp. Pkwy., Sunrise, FL33323
Rei MesaO: 954-693-0127C: 954-693-0127

Today's News and Features

Q: How Do Capital Gains Work If You Have More Than One Home?

Friday, October 30, 2015

A: For more than one home, you can exclude the gain only from the sale of your main residence.  You must pay tax on the gain from selling any other home.  If you have two homes and live in both of them, your main home is usually the one you live in most often.

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