Selling a home or investment property can come with a major downside: taxes. In states like California and Oregon, capital gains taxes can take a significant chunk out of your earnings. But here’s the good news—Nevada has no capital gains tax at the state level, which means you can keep more of your hard-earned profit.

Why Capital Gains Taxes Matter

Capital gains taxes are what you pay when you sell a property for more than you bought it for. At the federal level, everyone pays something depending on how long they held the asset and their income. But most states also charge their own capital gains tax—sometimes up to 13% of your profit.

If you’re selling a home in a high-tax state, you could lose tens of thousands of dollars in state taxes alone.

How Nevada Gives You an Edge

Nevada stands out by offering one of the most tax-friendly environments in the country. There is:

  • No personal income tax
  • No state capital gains tax

This is especially beneficial if you’re:

  • Selling a home with significant equity
  • Liquidating a rental or investment property
  • Relocating from a high-tax state like California or New York

Real-World Example

Let’s say you purchased a home in Las Vegas for $400,000 and sold it years later for $700,000. That’s $300,000 in capital gains. In a state like California, you might owe up to 13.3% in state tax—around $40,000.

In Nevada?

That number drops to zero.

Considering a Move or Sale?

We help clients make informed real estate decisions that maximize their financial outcomes. Whether you’re selling, relocating, or investing, we can walk you through your options and help you move forward with confidence.

JD Diaz is a Las Vegas-based real estate advisor who works with buyers, sellers, and investors across the country. Book a consultation today to learn how you can take advantage of Nevada’s tax-friendly market.

4/10/2025

No Capital Gains Tax in Nevada: Keep More of Your Profit