In California, capital gains from the sale of a house are taxed by both the state and federal governments. The state tax rate varies from 1% to 13.3% based on your tax bracket. The federal tax rate depends on whether the gains are short-term (taxed as ordinary income) or long-term (based on the tax bracket).
You do not have to report the sale of your home if all of the following apply: Your gain from the sale was less than $250,000. You have not used the exclusion in the last 2 years. You owned and occupied the home for at least 2 years.
You can always go the DIY route by marketing and selling your home yourself — often referred to as “for sale by owner,” or FSBO for short. ing to a 2024 study by the National Association of Realtors (NAR), 6 percent of home sellers opt for this strategy.
Housing in San Diego is expensive, and it's increasing more than the national rate, ing to new data. But a local agent said there is good news in our region: market stability and more opportunity coming in 2025.
Call the Assessor's Office Public Information Line (619) 236-3771. In Person: Property ownership, parcel maps, and other property information are available for public view on our computer kiosks. Online. By Mail:
You're not required to hire a real estate agent to sell your home in California. But selling without one involves a lot of work and a big time commitment. While selling by owner spares you from paying the commission of a seller's agent, you'll still be responsible for the buyer's agent's commission.