Divorce is not easy. It’s an emotional and stressful time for everyone involved. We are here to help.
Did you know that selling your home during divorce can potentially save you money on capital gains tax as long as you sell while you're still legally married?
You're eligible for an exclusion up to $500,000 while legally married. Once you divorce that exclusion drops to $250,000. You can read more about tax strategy below.
Let's get one thing straight before we dive into this article.... Just because you're going through a divorce does not mean you have to sell your house, even if you want to sell, you should seek expert advice to find out if it's a good time to sell, the market shifts fast.
In this article we are going to answer some of the
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