If you choose to rent out your home for extra income, build equity and have someone else pay your mortgage, you might be in ...
The Republican Study Committee's reconciliation 2.0 plan includes eliminating the tax, but strategists say that may only help the wealthy.
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 ...
Take our capital gains tax quiz to test your investment taxes knowledge. Learn about loss rules, holding periods, and tax ...
Learn about capital gains tax on home sales, strategies to reduce tax burdens, and implications in special scenarios like ...
Some housing experts and lawmakers think changing the capital gains tax on home sales would entice reluctant homeowners to ...
In this week's Ask the Editor Q&A, Joy Taylor answers tax questions on the gain exclusion tax break when you sell your home.
In case the taxpayer goes for self-construction or books an under construction property, the law requires that the ...
Homeowners who sell at a loss usually get no tax break on primary residences. IRS treats it as personal property, not an ...
Thirteen states don't tax retirement income at all. Another 41 states don't tax Social Security benefits. However, retirees ...
A MoneySense reader wants to pre-fund the ongoing expenses for her house to make it easier for her kids to keep it when she ...
With Labour’s Budget imminent, the chancellor faces a £22bn hole and a narrowing set of promises on tax. Property, long the ...