Selling your home to downsize can make your retirement more financially stable, but if you have a profit on the sale you ...

After inheriting land in 2003 and partitioning it in 2010, the sisters must determine the indexed cost for capital gains tax.

You must include any surplus of those amounts in your taxable capital gains for ... The sale price is whatever amount you received for selling the property, and the tax basis is the amount of ...

The Missouri House gave initial approval this week to a plan to eliminate the state’s capital gains tax. Capital gains are ...

For property bought prior to July 23 2024, the tax on LTCG is computed as lower of 12.5% (without indexation) or 20% (with ...

Home Sale Capital Gains Tax Scenarios If you are a single seller and will net $375,000 in capital gains from selling your home, you may be able to protect $250,000 of the gain from income taxes ...

With India’s real estate market projected to contribute 13% to the GDP by 2030, these tax reforms are poised to have ...

The sale of a commercial property allows for long-term capital gains tax exemption under Section 54F if a residential house ...

JEFFERSON CITY — The Missouri House gave initial approval Tuesday to a plan to erase the state’s capital gains tax, potentially blowing a $334 million hole in the state budget. Under the ...

The federal government has made a last-minute change to its capital gains inclusion rate increase. However, other tax changes ...

The two discrete periods seem to be left over from the 2024 federal budget announcement that proposed an increase to the ...