With the recent increase in home prices in a lot of areas across the U.S., a lot of people now are ready to put their houses on the market. There might be a tax situation now and people need to plan for that. Here is a post by Glenn Ruffenach in Market Watch in the Wall Street Journal:
http://blogs.marketwatch.com/encore/2013/06/24/will-you-owe-taxes-on-your-home-sale/
Just make sure there are no surprises if you put your home on the market!
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