Answers by Anthony Alvarado

When selling a house in San Antonio, Texas, you won’t pay state-level capital gains tax, so you only need to consider federal taxes. If you’ve lived in the home for at least two of the last five years, you can exclude up to $250,000 in gains if single, or $500,000 if married. You’ll also pay prorated property taxes and typical closing costs, so it’s a good idea to talk to a CPA to fully understand or a well educated realtor to understand.