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What Taxes Do I Pay When Selling My House?
The answer to this question depends on several factors, including the profit you make on the sale of your home, the state in which you live, and any applicable tax laws. Is It a Residential Property or Investment? The first step is to determine whether your home is considered a residential property or an investment….
Advantages of a Cash Offer on Your House
If you’re considering selling your house, have you thought about how you’ll sell it? If you work with a real estate agent, you’ll have to do tons of work to get your house ready for listing. You’ll need to identify and pay for any necessary repairs and will also need to clean extensively, improve your…
How to Sell Inherited Property
Inheriting a home from a loved one can be an unexpected blessing for some people and an unanticipated inconvenience for others. But no matter which of those categories you fall into, you essentially have three options: move into the house, rent the place out, or sell the home. If you already own a home you…
Can I Sell My House With a Tax Lien in Birmingham?
Selling a house with a tax lien in Birmingham may seem challenging, but it is entirely possible with the right approach. A tax lien is a legal claim placed on your property due to unpaid taxes, which must be resolved before the sale can be finalized. While traditional home sales often stall because of tax…
Questions to Ask When Selling a House
Selling a home is a serious and difficult decision. It is definitely not something you rush. Therefore, if you have started thinking about selling your property, there are a few questions you need to ask yourself before you list your home. When you can answer these questions, you will know that you are financially and…