10/06/2026
Thinking About Selling? Don't Wait Until January to Ask This Question. “Would there be a tax advantage to selling my property before Dec 31? - would there be an advantage in reduced seller pricing, if I bought before Dec 31, 2026? Good questions no matter what side of the fence you are on. As we approach the end of the year - I am sure there is a win/win that every homeowner or homepurchaser should explore:
The answer is most likely YES — which is why January is too late to start asking the question. Dec 31 usb't automatically a tax- saving deadline. Its's a tax-planning deadline.
For some homeowners, investors and landlords, which year the property sells and closes can make a financial difference. If It's your primary residence, you may qualify for the
federal capital-gain exclusion — generally up to $250,000 for an individual or $500,000 for certain married couples filing jointly, provided IRS requirements are met.
If it's a rental or investment property, depreciation, capital gains, existing losses and operating costs and your overall income can affect the tax picture. Some investors may also want to explore a 1031 exchange before selling.
So why wait?
If your CPA tells you there could be an advantage to completing the sale this year, get the home on the market now.
Price it properly. Market it. Negotiate. Work with your real-estate professional to get the transaction moving while there is still time to close before year-end.
Don't carry a decision into January simply because you waited too long to investigate your options.
Sometimes the smartest real-estate decision isn't simply whether to sell or buy.
It's standing still does nothing - rates have gone up 1% in the last 60 days - Get things moving.
Start with your CPA. Then call me me, your REALTOR® and with the proceeds, we will get to work on your 2027 Real Estate Plan
