Wondering how to calculate capital gains when selling your Warwick home? This step-by-step guide explains how to determine your adjusted cost basis, calculate net proceeds, and understand potential tax implications. Learn about the primary residence exemption that allows most Warwick homeowners to exclude up to $250,000-$500,000 of profit from capital gains tax, plus special considerations for Warwick's historic and waterfront properties.

Worried about capital gains tax when selling your home in Rhode Island? Learn how to qualify for tax exclusions, track home improvements, and use 1031 exchanges to minimize your tax liability. Get expert insights from The Slocum Home Team!