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Posts Tagged ‘Report’

Preliminary Title Report: Why You Need One

Key takeaways A preliminary title report shows whether a seller is legally allowed to sell the home. It can reveal issues, like liens or easements, that could cause problems with the sale. You should address any issues immediately with y...

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When To Report A Home Sale On Your Taxes

Key Takeaways Not every homeowner has to report a sale on their tax return, but if you receive Form 1099-S or your gain exceeds IRS limits, reporting is required. The ownership and use tests determine whether you can exclude up to $250,0...

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