Before selling your home, it’s smart to understand the potential tax implications. While TK Properties makes the sale process easy, taxes depend on your personal situation.
Capital Gains Tax
If you sell for more than you paid, you may owe capital gains. Primary residences often qualify for exclusions.
Inherited Property Taxes
Inherited homes typically use the market value at the time of inheritance as the “basis.”
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Consult a Professional
We’re not tax advisors — but we encourage every homeowner to consult a CPA for tailored advice.
Final Thoughts
Selling for cash simplifies the process, but always plan ahead for taxes.
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Give us a call at (334) 384-8887 to get started.
