In general, an average home owner will sell their home and never have to pay capital gains taxes on it. If you own a property and are considering marriage, you’ll probably want to decide what the best option is for you: should you sell and buy a new home or should you keep this property to rent out?
With the idea that real estate is an extremely smart investment, you could keep the current home or condo you own and rent it out. You’ll be able to take a lot of deductions because it’s a rental that you wouldn’t be able to take on your primary residence.
For all the details, read more here.