I’m 65 and my wife and I are ready to sell our home of 35 years to fund retirement. But we’re worried about capital gains tax ...
Given that your home is likely your largest asset, the prospect of turning a profit when you go to sell it is understandably exciting. That is, until you remember the reality of taxes. There is both ...
There are several tax law changes that can help defray the cost of owning - or selling - a home. Here's what to know.
In one corner: property taxes, rising steadily thanks to rising assessments, voter-approved bonds, and shifting local budgets. In the other: the capital gains tax, a hit that can surprise even ...
Some homeowners who've seen their home values soar are concerned a federal capital-gains tax on home sales will eat into ...
Your home's value skyrocketed during retirement, but cashing out doesn't have to mean a huge tax hit. Learn how married ...
Moody’s Analytics says outdated capital gains limits keep millions of owners from selling. Changing the rules could add supply, but in the long run, it might also push prices higher. If there’s one ...
Investors who sell an investment at a profit in a taxable account incur a capital gain that they must report on their tax returns. For investments held longer than one year, the long-term capital ...