When it comes to finding the right time to sell your home, timing is everything. Here are some of the most common questions we get regarding home equity and the financial impact of selling with “too much” equity in your home.
If you’re single, having over $250,000 in equity could result in additional taxes when you sell. If you’re married, having over $500,000 in equity could result in additional taxes when you sell.
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The information contained in this post was not prepared or reviewed by an attorney or tax accountant, and should not be considered legal or tax advice. You should seek appropriate legal and tax counsel for your own situation.
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