The Results Realty Group
RE/MAX Gateway
4090 B Lafayette Center Drive , Chantilly, VA20151
Scott MacDonaldO: 703-652-5777C: 703-727-6900

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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