71. I recently selected and placed my mothers in a skilled nursing facility and am in the process of selling her home. 72. I recently sold my home and the bulk of that money is in CDs. 73. HUD will not sell a home without a buyer having an agent. 74. If a home is sold at a loss, the seller gets no deduction or other tax benefit. 75. If a taxpayer takes the home office deduction, the IRS may recapture some of that deduction when the home itself is sold. 76. If he had wanted, he could have sold his home, as Cuomo did, and lived for free in the Executive Mansion. 77. If a home was sold before May, the owners could have avoided capital gains taxes by rolling over the gain to a residence of equal or greater value. 78. I know firsthand that buying and selling a home can be a very emotional decision. 79. If you decide to sell your home on your own, one of the earliest calls should be to a lawyer. 80. If you die or move, the bank sells the home to pay off the loan. |