How Long Should You Own a Home Before Selling?

πŸ’‘ Planning to sell? Timing is everything!

Selling too soon can cost you in taxes, closing costs, and lost equity. Here’s what to consider:

βœ… Avoid Capital Gains Tax – If you sell before living in the home for 2 years, you may owe capital gains tax on your profit.
βœ… Build Enough Equity – Selling before 5 years could mean you break even or lose money after agent fees and closing costs.
βœ… Market Conditions Matter – Interest rates and inventory levels affect the list price of your home.

πŸ“Œ Thinking about selling? Let’s figure out the best timing for your situation!

πŸ“² 240.994.8866

πŸ“§ GarciaSHomeS@GMail.com

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