Why Selling Your House Can Cost You Big

Heads up, homeowners: If you’ve been in your house for years, you could be in for a nasty surprise when you sell. Thanks to an old tax rule that hasn’t kept up with rising home prices, a lot of folks are getting hit with big tax bills on their home profits—sometimes tens of thousands of dollars! This is making many people stay put, which means fewer homes for sale and higher prices for everyone. If you’re planning to cash out, check your numbers before you list! #HomeSellingTips #RealEstate #MoneyHacks