The Jamil Brothers Blog

How to Sell a Rental Property in Virginia: Taxes, Tenants & Timing (2026)

Quick Answer: Selling a rental property in Virginia triggers capital gains tax, depreciation recapture, and Virginia state income tax — all layered on top of standard seller closing costs like the grantor's tax and NOVA congestion relief fee. If you have tenants in place, Virginia law requires 24-ho

Selling an Inherited House in Virginia: Taxes, Probate & Step-by-Step Guide (2026)

Quick Answer: To sell an inherited house in Virginia, you generally need to complete probate through the local Circuit Court (6–18 months), establish your stepped-up cost basis at the date of death, and then list the property. Virginia has no state inheritance tax and no state estate tax. The federa

Buy vs. Rent in Northern Virginia: What Actually Makes Sense in 2026

For many DMV residents, deciding whether to rent or buy is no longer a simple choice. With Northern Virginia home prices around $650,000 in many areas and rents for a two-bedroom apartment often exceeding $2,400 per month, both options require a substantial budget. Buying can help build equity and p

How Much Does It Cost to Sell a House in Maryland? (2026 Update)

Selling a home in Maryland involves more than paying off your mortgage and covering a Realtor’s fee. Transfer and recordation taxes, property-tax adjustments, title-related charges, repair expenses, buyer concessions, moving costs, and other settlement fees can all reduce your final proceeds. Becaus