How To Protect And Use The Equity In Your Home

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We have a series called Life Lessons to fill in the gaps of so many things we don't learn in school or at home. This part of the series will address equity in your home. So many who have owned their home in Bozeman and the surrounding areas have more equity after the market increase since the pandemic. Typically you can exempt up to $250,000 in profits from capital gains taxes if you sold the house as an individual, or up to $500,000 in profits if you sold it as a married couple filing jointly. A lot of property currently has appreciated beyond the $500,000.

Learn what you can do if need sell your home in the future so you are prepared. Or, learn how to tap into the equity to buy a place somewhere warm and keep a place here, help kids buy a place or buy an investment property for income. Learn from your local experts, Jill Russell with Silverman Law Firm, Renee Gaugler with Cornerstone Home Lending and Brittany Murphy with Big Sky Benefit Solutions insurance and Courtney King, Engel & Völkers.