Do I Pay Capital Gains Tax When Selling a House in Nevada?

Most people who sell their main home in Nevada pay no capital gains tax. Federal law lets you exclude up to $250,000 of gain, or $500,000 if you file jointly, when you owned and lived in the home for two of the last five years. Nevada adds nothing on top, because the state has no personal income tax

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Do I Need Flood Insurance in Las Vegas?

You only have to carry flood insurance in Las Vegas if the home sits in a FEMA high risk flood zone and your mortgage is federally backed. Outside those zones, flood coverage is optional. It can still make sense, because most homeowners policies do not cover flood damage. This answer comes from Ryan

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Do I Need a Realtor for New Construction in Las Vegas?

No, Nevada does not require you to use a Realtor to buy a new home from a builder. But going without one rarely saves you money, and the timing matters. Builders typically pay the buyer's agent, so working with Ryan usually costs the buyer nothing extra. Many builders only pay that agent if the agen

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