State officials made a last-minute holiday announcement Thursday when they detailed 200 new jobs that will be coming to Blount County. Gov. Bill Haslam and Department of Economic and Community Development Commissioner Bob Rolfe announced Avant LLC, an online lending platform, will create a new operations and call center in Louisville.
Tax Implications When You Sell Your Home for a Profit. 1  $250,000-$500,000: You may be able to exclude up to $250,000 of the capital gain from your income for an individually filed return, and $500,000 on a joint return, in most cases, when you realize a capital gain from the sale of your primary residence.ax Implications When You Sell Your Home for a Profit. 1  $250,000-$500,000: You may be able to exclude up to $250,000 of the capital gain from your income for an individually filed return, and $500,000 on a joint return, in most cases, when you realize a capital gain from the sale of your primary residence.
In most cases, your lender will send you a notification advising you that your mortgage has been paid in full. In some states, you may be required to provide an additional amount of money to obtain a new deed to your property. The new deed will show that you own the property entirely free of any liens from your lender. Your lender should send you a final payoff notification and advise you (where applicable) that you must send them a separate check for transferring your deed. In most cases, this will have to be paid via certified funds.