Surprises Can Come With Selling a Vacation Home

When Amiee Lamont and her husband Ray Struble sold their rental house in Fairfax, Virginia, they got a six-figure surprise from their accountant.
“We got a good-sized tax bill,” LaMont says. And how: They paid about $172,000, she says.
Given the red-hot real estate market, you, too, could have a big tax on your gains when you sell.