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Buying a House and Owning a Home

How to Sell Your Home without Paying Taxes on the Profit

Selling your home? Make sure you understand the requirements for the capital gains tax exemption when it’s time to file. You may not owe a penny!

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qualified personal residence trust

qualified personal residence trust

An irrevocable trust designed to remove the value of your primary residence or secondary residence from your taxable estate.

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liquidate

liquidate

To sell assets for cash.

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HUD

HUD

Housing and Urban Development. The HUD-1 form is the standard, required real estate settlement form given to borrowers with federally related mortgages at least one day before the closing of the loan.

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