How do I calculate my selling expenses?

Your selling expenses are costs directly associated with selling your home. The following are a list of expenses that will decrease the amount realized from the sale of your home and could potentially decrease the gain realized from the sale of your home (the smaller the gain, the less taxes you will pay):

• Sales commissions
• Any fees for a service that helped you sell your home without a broker
• Advertising fees
• Legal fees
• Any mortgage points or other loan charges you paid that would normally would have been the buyer's responsibility