Taxes Owed When Selling a Home That is Not Your Primary Residence

By | August 20th, 2012|

If you are selling a home that is not your primary residence, you will have to pay taxes if you made a profit. Q: I recently sold a townhouse and was concerned about how much tax I would be responsible for paying. Basically, I sold it for $375,000. There was no mortgage on the property, [...]