Take a look for some basic information on the capital gains tax that homeowner can claim when selling their primary residence in the Torrance or surrounding area?. If you’ve resided in your home for 2 of the past 5 years you can exclude up to $500,000 (for married couple….single person can exclude up to $250,000 of capital gains when you sell. Even better this can be done more than once! Click to learn more.
