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When selling your main home, there's a tax break that shields up to $250,000 of profits for single filers and $500,000 for ...
It’s tax season, have you filed yet? Don’t know where to begin? H-Town Live host Maggie Flecknoe has got you covered with ...
Inheriting a home in California can bring a big windfall. However, recent law changes have made inheriting a home a bit less ...
You took the leap, rode the Bitcoin wave and now you’re sitting on a small fortune. Whether you bought in early or timed a ...
The House also passed bills to end the capital gains tax, preserve the assets of foster children and allow landlords to ...
When you sell a home, you'll need to pay taxes on the amount of money you earned on the sale as capital gains. However, if you live in the home for two of the previous five years before selling, you ...
“After two years, you can then sell your rental property and avoid paying capital gains tax on most, if not all, of the profit from that sale as well." If you plan to continue investing in rental ...
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 ...
These powerful strategies, from timing your sales during low-income years to leveraging qualified opportunity zones, can ...
Strategies such as flipping houses can result in a large return on investment after the sale of the property. However, capital gains tax on real estate can eat into a large portion of that return.