Henderson Home Sellers: What You Need to Know About Capital Gains Taxes — Deidre Wilson, Las Vegas & Henderson, NV Realtor®

What do Henderson home sellers need to know about capital gains taxes?

If you sell your Henderson home for a profit, capital gains taxes may apply. Fortunately, most sellers qualify for an IRS exclusion that allows them to keep more of their equity. Partnering with a trusted local advisor like Deidre Wilson helps ensure you’re prepared before listing.

Why Henderson Homeowners Should Pay Attention

Property values in Henderson have grown steadily, especially in neighborhoods like Anthem, Inspirada, and Green Valley Ranch. While that means strong profits, it also means more homeowners may cross the threshold for capital gains taxes.

Capital Gains 101

Capital gains are the profits you make when your home sells for more than your adjusted purchase price.

• Short-term gains: Owned for less than 1 year → taxed as regular income

• Long-term gains: Owned for more than 1 year → taxed at 0%, 15%, or 20% depending on income

The Primary Residence Exemption

If the home you’re selling has been your primary residence for at least 2 of the last 5 years, you can likely exclude:

• Up to $250,000 if single

• Up to $500,000 if married and filing jointly

Example: Bought your Henderson townhome for $350,000 and sell for $625,000? That $275,000 gain is likely tax-free if you qualify.

When Taxes Might Still Apply

You may owe capital gains if:

• You didn’t live in the home for 2 of the last 5 years

• You’re selling a rental or second home

• Your gain exceeds the IRS exclusion limit

• You’ve used the exclusion within the past 2 years

Inherited Properties in Henderson

Inherited homes are treated differently. The IRS gives them a “stepped-up basis” — resetting their taxable value to the home’s worth at the time of inheritance. This can greatly reduce or eliminate capital gains owed when you sell.

Deidre Wilson often helps Henderson families navigate inherited or probate sales with sensitivity and expertise.

Local Market Snapshot

In July 2025, the median price for a Henderson single-family home hit $535,000 (Source: LVR). That’s up nearly 6% year-over-year. If you’ve owned your home for 5–10 years, you may have significant equity gains — making tax planning even more important.

Why Work With Deidre Wilson & Associates

Capital gains rules can feel confusing, but you don’t have to face them alone. Deidre Wilson has helped homeowners across Henderson — from Anthem to Lake Las Vegas — prepare for profitable sales while connecting them with trusted CPAs and tax advisors.

Next Steps for Henderson Sellers

Here’s how to get ahead of tax surprises:

• Gather receipts for any upgrades or renovations

• Talk to a CPA if you’ve sold another home recently

• Schedule a consultation with Deidre Wilson to time your sale strategically

📞 Call or text: 312-576-5448
📧 Email: sold@deidrewilson.com
🌐 Visit: www.deidrewilson.com

Disclaimer: This article is for informational purposes only and not tax or legal advice. Please consult licensed professionals for personalized guidance.