Real estate capital gains tax is due if a property is sold for more than the purchase price and improvements. Owning and living in a property for 2 of the last 5 years may exempt you from this tax.
Capital gains tax is a levy on the profit made from the sale of noninventory assets, including real estate. Understanding how this tax applies, especially to the sale of a primary residence ...
Capital gains tax is a fee you pay on the profit from selling assets like real estate. In California, this tax can be a bit ...
Editor’s note: This is part 10 of an ongoing series about using trusts and LLCs in estate planning, asset protection and tax planning. The effectiveness of these powerful tools — especially ...
What’s the tax bite when you own—or sell—a rental property? Jean Folger has 15+ years of experience as a financial writer ...
Americans are dodging capital gains taxes by gifting their booming assets to their parents. But is this legal? If you sell ...
Councilmember Cathy Moore said her Seattle capital gains tax would be "identical" to Washington state's, except with a 2% ...
Another measure of concern to the industry is 1031 "like-kind" exchanges, which enable real estate investors to defer capital ...
In his 2025 budget plan, President Joe Biden proposed, among many other tax hikes, an increase in top tax rates on capital ...
If you own property overseas, your U.S. tax benefits depend on how you use the property. Find out which tax deductions you ...
An initiative to repeal Washington’s capital gains tax, which levies a 7 percent tax on the sale or exchange of long-term ...
The capital gains tax, advocates say, allows the state to put more public dollars toward early learning. Others argue it ...