Don’t File Until You Read This Guide to Home Sale Taxes

Selling your home is one of the most significant financial events of your life — and for many Austin homeowners, it’s also one of the most confusing come tax season. Between closing disclosures, 1099-S forms, and terms like “adjusted basis” and “capital gain exclusion,” it’s easy to feel overwhelmed before you’ve even opened TurboTax.

Protest Your Property Taxes

If you believe the market value of your property is incorrect, you have the right to protest that value. But do it as soon as possible to beat the deadlines.