Deductions & credits

It's really all about the $'s you have left after paying taxes.  it's likely, ignoring the sale, your income will be different for 2021 than 2022 so the taxes you pay on the gain can differ between the years.  tax laws are constantly changing. it's even likely unless you have a signed sales contract, the sales price and hence your net could differ depending on the closing date. if there's a mortgage and certainly real estate taxes you will net less (all other items remaining the same).  then there is the risk if you don't have a signed sales contract. I know of cases where sellers quickly got almost their full asking price but believing they could get the full amount waited. then after not get any more offers even close to the initial one, they eventually had to accept a lower price months later.  but today the real estate market is in flux. Supposedly values are climbing.  It's hard for me to understand considering all the evictions that will take place due to renters and owners inability to make required payments.  a lot of vacant space and fewer people able to afford the costs.