Tax Risks: Furniture Sales Can Backfire on Home Sellers

When selling a house, some people try to pay less tax by saying they sold furniture along with the house.

However, this can cause trouble.

You need to have a separate agreement for the furniture sale and keep all the receipts.

If you don't, the government might think you're trying to cheat on your taxes and you could get fined.

For people from other countries, it's extra important to have those receipts if they want to send their money back home.