Evaluating Your Personal Circumstances
As you ponder the decision to sell your house, numerous factors come into play. Two commonly overlooked considerations are the costs of moving and potential capital gains tax.
Depending on the distance of your move, the costs can range from a few hundred to several thousand dollars. Even for a relatively short move, it might be surprisingly high. It's essential to calculate these costs accurately, so you're not caught off guard.
Additionally, capital gains tax is another factor that many homeowners often overlook. Here in Maine, if you've lived in your home as your primary residence for 2 of the past five years, you're exempt from capital gains tax. However,
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