Long-term capital gains — that is, on assets held for a year or longer — are taxed at a 0%, 15% or 20% rate, depending on ...
When asked about the idea this week in the Oval Office, Trump told reporters, "we're thinking about that." Under current law, you can trigger capital gains taxes for a primary home sale if your profit ...
If you choose to rent out your home for extra income, build equity and have someone else pay your mortgage, you might be in ...
Many longtime homeowners have seen their modest family houses transform into unexpected gold mines. The modest abode they bought decades ago might have doubled—or even tripled—in value, promising a ...
(CNN) — In comments to the press on Tuesday, President Donald Trump suggested he is considering eliminating capital gains taxes on the sale of homes. “We are thinking about … no tax on capital gains ...
House Republicans are eyeing a plan to axe the capital gains tax on primary home sales in the blueprint for a second ...
Dear Liz: My husband and I built a home on a hillside over 30 years ago in a desirable neighborhood with a beautiful view. We thought it would be our retirement home, but life had different plans. Now ...
Selling a second home can come with an unexpected tax burden. It doesn't matter if it's an inherited ramshackle cabin, a luxury vacation retreat, or even a rental investment, the IRS treats the sale ...
Roland Roosenboom would like to sell the home he purchased with his late wife in Saratoga for about $367,000 in 1991 and downsize. But if he sold the home, now worth about $1.8 million, he would owe ...
Stream Connecticut News for free, 24/7, wherever you are. When asked about the idea this week in the Oval Office, Trump told reporters, "we're thinking about that." Under current law, you can trigger ...
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