New Tax Breaks for
Home Sellers
This unique new guide tells you everything you need to know about paying less tax when you sell your home.
It also contains the clearest explanation you will find anywhere of the home sale tax rules, including the brand NEW rules introduced in the 2008 Housing and Economic Recovery Act.
New Tax Breaks for Home Sellers is essential reading if:
- You want to protect your home from the IRS.
- You have sold your home or are planning to sell it and want the clearest possible explanation of the home sale tax rules.
- You want to understand the NEW tax rules and how to exploit them to the Max.
- You own a vacation home, rental property or other second property and want to slash your taxes when you sell.
- You have lived in your home for less than the 2 year minimum period and want to shelter your gains from the IRS.
- You have recently become married or divorced.
- You have a home office and want to know how it will be taxed when you sell.
New Tax Breaks for Home Sellers is completely up to date and contains dozens of examples and tax tips.
What Subjects are Covered in the Guide?
Subjects covered include:
- How to qualify for the maximum $250k or $500k exclusion every time you sell your home.
- How to shelter your real estate profits from the IRS – even if the property is a vacation home or rental property.
- A clear guide to the new rules contained in the 2008 Housing and Economic Recovery Act… and how they can be used to reduce your tax drastically, including:
Loopholes for properties purchased prior to January 1, 2009.
Loopholes for properties rented out or used as vacation homes.
Loopholes for people who change jobs. - The 2 year ownership and use tests explained in plain English.
- How to qualify for a reduced exclusion if you fail these tests… and still shelter ALL of your gains from the IRS.
- How to sell your home and escape tax if you change your place of work.
- The ‘unforeseen circumstances’ loophole and how it is used by lots of home sellers to shelter their gains from tax.
- How to convince the IRS that a property is your main home or principal residence.
- How to calculate your tax if you have a home office.
- A plain-English guide to calculating adjusted basis.
- A list of ALL the improvements you can deduct when you sell your home.
- … plus a comprehensive list of all the other buying and selling expenses you can deduct.
- How to calculate your taxable gain if you have a pre-1997 sale.
- How to complete your tax return when you sell your home.
- … plus a sample completed Schedule D (1040).
- The tax treatment of inherited properties and properties received from spouses.
- How to avoid the dreaded Alternative Minimum Tax (AMT) when you sell your home.
- Plus lots more…
About the Author
The author is Nick Braun EA PhD, Taxcafe's founder and CEO. Nick has been involved in the tax publishing world since 1989 as a writer, editor and publisher. He is an Enrolled Agent licensed to represent taxpayers before the IRS, and is a member of the National Association of Enrolled Agents and the National Association of Tax Professionals. He also holds a PhD in economics and is a columnist for several investment and business magazines.
What Will I Receive?
- New Tax Breaks for Home Sellers - Professionally produced 75 page book, delivered immediately to your inbox!
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- 100% Money Back Guarantee - If you’re not completely satisfied we will give you a 100% refund.
- Amazing price - When you order today you can enjoy the special offer price of $16.95 (usually $24.95) – a ridiculously low cost for such invaluable tax saving information. Limited time only.
