The Mortgage Files

Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.

Capital Gains with a Mortgage – What Homeowners Need to Know

By Scott Sheldon / February 19, 2026

Many homeowners assume that selling a house with an existing mortgage complicates their tax situation—but in most cases, it doesn’t. Whether you’ve owned your home for two years or two decades, if you’ve built equity and are thinking about selling, it’s important to understand how capital gains tax rules work, especially when a mortgage is…