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How to sidestep a tax bomb when selling your home
With soaring prices and record home equity, you may expect a profit from selling your property. But the windfall may trigger an unexpected tax bill next April. While home profits dipped slightly, the typical single-family seller still scored a $103,000 gross profit during the first quarter of 2022, according to ATTOM, a nationwide property database. […]
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8 Things First-Time Home Sellers Often Get Wrong in Today’s Crazy Market
The housing market is a sizzling seller’s game at the moment, where homes stand to spark bidding wars and sell for sky-high prices. “COVID-19 caused so many people to re-evaluate their shelter needs, resulting in increased demand for homes and a continued lack of inventory,” explains Lindsay Reishman, founding partner at The Reishman Group in Washington, DC. All […]
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9 Projects You Should Always Tackle Before Selling Your House
When your home’s for sale, you want it to sell quickly—and preferably, above the asking price. And I’ve never met (or even heard of) a homeowner who was disappointed that their property inspired a bidding war. However, even in a seller’s market, there are things you need to do in advance to position your home to […]