Tax Deductions for Home Sellers

Selling a home is more than just a transaction; it’s a financial milestone that can significantly impact your bottom line. While receiving a hefty payout from the sale of your property is rewarding, the tax implications can often cut into your profits. The good news is that various tax deductions for home sellers are available to help reduce your taxable income. By understanding these deductions, you can keep more of your hard-earned money and make the selling process less financially daunting.