Charleston · Selling

Do I pay capital gains tax when I sell my primary home in Mount Pleasant?

Selling a primary home in Mount Pleasant can qualify for a federal capital gains exclusion if ownership and residency requirements are met, though the exact eligibility and thresholds depend on IRS rules that a CPA should confirm for your specific situation. Any taxable gain also needs to be checked against South Carolina's own income tax treatment, which a CPA can walk through alongside the federal calculation. Brian Beatty connects Mount Pleasant sellers with a CPA before listing so the tax picture is clear ahead of any offer.

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