TomK2023
Employee Tax Expert

Investors & landlords

No.  If you sell something (home, stock, collectible, etc.) for more than your "cost basis" of the item (what you paid for it), then the difference is a capital gain, and you’ll need to report that gain on your taxes. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"