Griffis Team
Exit Realty Screamin' Eagle
919-B Tiny Town Road, Clarksville, TN37042
Michael GriffisO: 931-919-5100C: 931-320-3382
Amanda GriffisO: 931-919-5100C: 931-320-3383

Today's News and Features

Q: How Do Capital Gains Work If You Have More Than One Home?

Thursday, September 18, 2014

A: For more than one home, you can exclude the gain only from the sale of your main residence. You must pay tax on the gain from selling any other home. If you have two homes and live in both of them, your main home is usually the one you live in most often.

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