Morning Minute: Selling your home this summer? 10 tax tips you need to know

Source: BigStock.com

With lower available inventory and rising home prices, this summer could be a great time to decide to list your house for sale.

If you are ready to sell, the Internal Revenue Service (IRS) has pulled together 10 quick tax tips that you need to know. One rule: If you have a capital gain on the sale of your home, the gain may not be taxable.

Click here for this and other IRS selling tax tips.

In other headlines:

Good time to buy? Home sales, inventory rise in June – Chicago Tribune

NAR Identifies Best Purchase Markets for Aspiring Millennial Homebuyers – REALTOR.org

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