A question that always comes up when clients go to sell their home is “what will I have to pay in taxes when the house sells”?
At one time, if you sold your home, you’d have to pay taxes on any profit, called Capital Gains, which if you live here in San Francisco could be a hefty sum.
For most folks, the only alternative was to buy a more expensive home. But if you wanted to cash out for retirement or downsize you ended up writing a big check to the IRS.
You’ve thought about adding a Solar Power System to your home but something stops you from actually doing it. Well this was us anyway - but we finally made the decision to do it and I wanted to share the story as it may help you or someone you know make the decision to move forward.
