Capital Gains and Losses

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My husband received a job promotion June 2018 that moved our
My husband received a job promotion June 2018 that moved our family From TX to LA. One year later the company realigned the regions and moved us back to TX. We bought our house for $510 last year, but… read more
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I sold a house for $600000 and originally bought it for $180000. I lived in home 25 years. My regular income the year I sold was app. $33,000. Does IRS consider the profit from sale of my house to be … read more
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It's my understanding that in the U.S., we don't have a once-in-a-lifetime capital gains exemption, at least anymore. It is also my understanding that, when a couple sells their primary residence, if … read more
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