How to Change the Name on a House Deed Before or After Selling

How to Change the Name on a House Deed Before or After Selling

A mismatch between the name on your deed and your current legal name — after a divorce, a marriage, or the death of a co-owner — can stall a home sale if it's not addressed before you get to closing. Short answer: Changing the name on a house deed requires recording a new deed (not just updating a form) with your county recorder's or clerk's office. The specific document you need — a quitclai ...

Do You Have to Pay Taxes on a Home You Inherited and Sold?

Do You Have to Pay Taxes on a Home You Inherited and Sold?

Inheriting a house is stressful enough without wondering whether selling it will trigger a tax bill you weren't prepared for. The good news: thanks to one specific tax rule, most people who sell an in ...

Net Proceeds Calculator: What You'll Actually Walk Away With

Net Proceeds Calculator: What You'll Actually Walk Away With

Your sale price is not your payday. Between commission, closing costs, mortgage payoff, and prorated expenses, the number that actually lands in your bank account is often 8–10% lower than what your h ...

Depreciation Recapture When Selling a Former Rental

Depreciation Recapture When Selling a Former Rental

If your home was ever a rental property — even for part of the time you owned it — selling it can trigger a tax most sellers of a straightforward primary residence never encounter: depreciation recapt ...

1031 Exchange Basics for Sellers Who Also Own Rental Property

1031 Exchange Basics for Sellers Who Also Own Rental Property

If you're selling an investment or rental property — not your primary residence — there's a tax strategy worth understanding before you list: the 1031 exchange, which can defer capital gains tax entir ...