Home Prices Triple Since 1997 – Why Millions of U.S. Sellers Now Face a Hidden IRS Tax Bill
The steep rise in U.S. home prices over the past decade has created enormous wealth for homeowners but also sparked new tax concerns. According to the National Association of REALTORS® (NAR), nearly 29 million households are approaching what experts call the “capital gains cliff”—a point where profits from selling a home surpass the IRS exemption … Read more