Selling a Home — Capital Gains
“Am I able to use the home sale capital gains exclusion?”
Whether the home sale capital gains exclusion applies often depends on how long the property was owned and used as a main home, whether the ownership and use history line up, and whether any prior sale exclusions were claimed recently. The type of property also matters, since a primary residence is treated differently from a second home or rental. In many cases, the details of any improvements, periods of absence, and mixed personal or business use can also affect the outcome. A short conversation with a CPA can sort out what applies to your specific numbers.
In your 30-minute session, the KGOB advisor handling it will:
- Read your exact situation and tell you, in plain English, what’s actually going on.
- Lay out your options and the trade-offs — no jargon, no judgment.
- Give you a clear next step you can act on, whether that’s with us or on your own.
“Am I eligible for the home sale tax exclusion?”
“Can my home sale be excluded from taxes?”
“Do I get the home sale exclusion on my taxes?”
“Do I qualify for capital gains exclusion on my home sale?”
“I sold my primary home for a massive profit after living in it for exactly three years, how do I formally claim the capital gains exclusion on my tax return?”
“I made hundreds of thousands of dollars in massive home improvements over the years, how do I add these costs to my basis to lower my capital gains tax?”
This page is a prompt to start a conversation, not tax or legal advice, and states no tax-law specifics as fact. A consult session does not by itself create an ongoing engagement. We do not promise specific outcomes or savings. Kohari Gonzalez Oneyear & Brown PLLC — Charlotte, NC.
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