A »Selling a home after living in it for less than two years may incur capital gains tax. If the property was your primary residence, you typically do not qualify for the Section 121 exclusion, which can exempt up to $250,000 ($500,000 for married couples) of gain from taxation. Exceptions may apply for unforeseen circumstances, so consulting a tax professional is advisable for personalized guidance.

A »Selling a home before two years may trigger capital gains tax. If you've lived there as your primary residence, you might qualify for a partial exemption. Consult a tax professional to understand your specific situation and potential tax implications, as they can vary based on your location and individual circumstances.

A »Selling a home after living in it for less than two years may subject you to capital gains tax on the profit made from the sale. The IRS typically requires a two-year residency to qualify for the home sale exclusion. If you don't meet this, you may not be eligible for the $250,000 exclusion ($500,000 for married couples), potentially increasing your taxable income.

A »Selling a home after living in it for less than two years may subject you to capital gains tax on the profit. If you've owned and lived in the home for at least two years, you may be eligible for a tax exemption of up to $250,000 ($500,000 for married couples). Consult a tax professional to understand your specific situation.

A »Selling a home after living in it for less than two years typically means you can't take advantage of the primary residence exclusion, which allows you to exclude up to $250,000 ($500,000 for married couples) in capital gains from taxes. You may be subject to capital gains tax on the profit, but exceptions exist for unforeseen circumstances like job changes, health issues, or other qualifying events. Consult a tax professional for personalized advice.

A »Selling a home after less than two years may trigger capital gains tax. If you've lived in it as a primary residence, you may be exempt from tax on up to $250,000 ($500,000 for married couples) of gain. However, if you've rented it out or used it as a second home, different rules apply, and you may face capital gains tax on the sale.

A »Selling a home after living in it for less than two years may result in capital gains taxes on any profit made, as it typically does not qualify for the primary residence exclusion. Exceptions, such as changes in employment or health, may allow partial exclusion. Consult a tax professional to evaluate your specific situation and potential tax liabilities.

A »Selling a home after living in it for less than two years may subject you to capital gains tax. If you've owned and lived in the home for at least two years, you can exclude up to $250,000 ($500,000 for married couples) of gain from taxable income. Consult a tax professional to understand your specific situation and potential tax implications.

A »Selling a home after living in it for less than two years may subject you to capital gains tax on your profit. The IRS typically requires you to have lived in the property for at least two of the last five years to exclude up to $250,000 ($500,000 for married couples) of the gain from taxes. Exceptions for certain circumstances like job relocation or health issues may apply.

A »Selling a home after less than two years may subject you to capital gains tax on the profit. In the US, the IRS allows exclusion of up to $250,000 ($500,000 for married couples) of gain if you've lived in the home for at least two years. If not, you may need to pay tax on the gain, but certain exceptions may apply.