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Avoiding a Tax Surprise: What Every Homeowner Should Know About IRC Section 121

Avoiding a Tax Surprise: What Every Homeowner Should Know About IRC Section 121

by Christine Abellera | Jun 12, 2025 | blog, Individual Tax

If you’re planning to sell your home—or even just dreaming of it—understanding the tax implications is essential. Thanks to IRC Section 121, many homeowners qualify for a substantial capital gains tax exclusion. However, rising home prices, common life events,...

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