Rental property ownership has its benefits, but selling can create a big tax hit. Thankfully, there are a few strategies you ...
Real estate can quietly generate one of the largest tax bills most people ever face, because the IRS treats profit on ...
In this week's Ask the Editor Q&A, Joy Taylor answers questions on the gain exclusion tax break when you sell your home.
(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 ...
Divorce is never simple, and that’s particularly true when a home is involved. While property division is often hashed out during settlement talks, many divorcing couples don’t anticipate the ...
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 ...
Elizabeth Guevara is a journalist working to explain the world of business and economics and how it impacts your finances. She joined Investopedia in 2024 as a breaking news writer covering personal ...
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 ...
'I just hope that the president is serious about doing something, and not just saying it,' one congressman says President Donald Trump says he's eyeing the elimination of capital-gains tax on home ...
Except for listed securities and equity-oriented schemes, which require a 12-month holding period, all other capital assets ...