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I want to sell my home in Ohio - questions

Hello, I currently have a home in northeast Ohio completely paid off and I'm looking to sell it.

I am currently living somewhere else and would like to just sell it so I don't have to pay anymore bills/taxes on it and collect the money and save it.

My primary questions are if I sell it am I going to be taxed on it. I looked it up and it says that Ohio has no capital gain tax if ( Since 1997, up to $250,000 in capital gains on the sale of a home is exempt from taxation if you meet the following criteria: Owned the home for at least 2 years. Lived in the home as your main home for at least 2 of the past 5 years.) I meet these requirements.

Is there any fine print about this that I need to know ? or what all will I have to pay if I sell it. I would hate to sell it and lose a bunch of money on it, not sure if selling is even the best option, I DO NOT want to rent it out.

also if anyone cares to help or point me in the right directions, what are the next steps to put it on the market, is it best to just get a realtor ?

submitted by /u/Flanik
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/122jywn/i_want_to_sell_my_home_in_ohio_questions/
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