how do i avoid capital gains tax on my house 
you can reduce capital gains tax on your home by living in it for more than two years and keeping the receipts for any home improvements you make the cost of these improvements can be added to the cost basis of your house and reduce the overall gain that will be taxed the bottom linecapital gains are the profits that are realized by selling an investment such as stocks bonds or real estate capital gains taxes are lower than ordinary income taxes providing tax advantages to investors over wage workers moreover capital losses can sometimes be deducted from one s total tax bill for these reasons a thorough understanding of capital gains taxes can make a big difference for an investor 