Tag: senior home sellers
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The Nest Egg Protection Act and Other Capital Gains Tax News
This month, U.S. Rep. Nicole Malliotakis, a Republican from New York introduced H.R. 9064, the Nest Egg Protection Act, to the United States Congress. It’s a capital gains tax relief proposal. It would double the current exclusion for eligible older deed holders who sell their homes for a profit. The concept? People who acquired…
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Do Private Listings Hurt Senior Home Sellers?
Once a home is listed on the market, it shows up for sale on the popular real estate websites. That’s almost always best for home sellers and buyers alike. Are there times when a “pocket listing” makes sense? Yes, but that’s the rare case. We’ll explore that in a moment. The main thing is to…
