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The tax rule governing capital gains on home sales, which has remained unchanged since 1997, is causing a hidden home equity tax for millions of homeowners. Approximately 1 in 3 sellers currently ...
According to Realtor, roughly 1-in-3 homeowners—approximately 29 million households—have built up more home equity than the federal capital gains tax exclusion protects when people sell their primary ...
A tax rule that hasn’t been updated since 1997 is ensnaring millions of homeowners in a hidden home equity tax. Today, roughly 1 in 3 sellers risks paying capital gains tax on their home equity—and by ...
Hidden costs consuming $21K for homeowners a year - Study Home maintenance is the highest hidden expense at over $8,800 East and West coast states among top for hidden home costs Hidden costs ...
Having spent 30+ years in residential construction, contracting, remodeling, maintenance and home repair, Deane now contributes DIY, informational and financial content as a freelance writer and ...
Bankrate published a new study that revealed which states had the highest annual costs associated with homeownership — not including the mortgage payments. Home prices have increased by 40% since 2020 ...
Household items can be used for many clever things other than what they're really designed to be used for. So, we asked on Facebook: "What's your favorite off-label hack?" You gave up some of your ...
Many retirees expect lower housing costs, but ongoing home maintenance can quietly add up to more than $9,000 a year, ...
More home sellers may incur a capital gains tax on their proceeds, the National Association of REALTORS warns, due to the dizzying rise in home equity stakes over the last few years – and no changes ...