Transforming Your Basement into a Functional Space
Patricia Richardson On ‘home Improvement,’ 25 Years After The Finale La Times
There are additional variables to contemplate when you’re selling your own home. For occasion, if you’ve lived in your house for a minimum of two of the five years preceding the sale, you don’t have to pay taxes on the primary $250,000 of revenue. Married couples don’t have to pay taxes on the primary $500,000 of profit. A capital improvement enhances the home or increases the worth of the property. Capital improvements are usually extra in depth — and expensive — than repairs. Experts advise setting a finances…