How can I reduce taxes when selling my Isle of Palms home?

Reducing tax on an Isle of Palms sale starts with documenting every qualifying capital improvement, which raises your cost basis and lowers your taxable gain, alongside confirming you qualify for the federal primary residence exclusion. Timing the sale around your residency history can also affect eligibility. A CPA can review your specific records and recommend legitimate ways to reduce what you owe before you list.