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 ...

Real estate can quietly generate one of the largest tax bills most people ever face, because the IRS treats profit on ...

With American households sitting on $34.5 trillion in home equity in the first quarter of 2025, according to online loan marketplace LendingTree, a lot of cash will be unlocked when these homes sell.

In recent years, more people across the United States are triggering capital gains taxes when they sell their primary homes. This is happening even though the federal government offers a capital gains ...

Rental property ownership has its benefits, but selling can create a big tax hit. Thankfully, there are a few strategies you ...

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 ...

I am selling my house and the price is $504,999. After paying off this house I will net $400,000. Do I have to pay a capital ...

(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 ...

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 ...

President Donald Trump on Tuesday signaled support for legislation eliminating a capital gains tax on home sales, suggesting a reform on the tax policy—which has gone unchanged for decades—that a ...

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 ...

Donald Trump has a plan to reinvigorate the housing market: do away with the capital gains tax on home sales. The president made his pitch during an Oval Office session on Tuesday, Bloomberg reported.