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

Converting your home to a rental could increase your taxes when you eventually sell the property. Here’s what to know.

Under the new tax regime, as per Section 115BAC, taxpayers are required to forego many of the deductions available under the ...

In California, real estate transfer tax is a fee levied during the sale of a property. It is calculated based on the property ...

Therefore, if you have no active income and minimal passive income, including the gain on the sale of your investment property, you may avoid paying taxes on your minimal capital gain; however ...

Get a clear explanation of capital gains tax on inherited homes, including the role of basis, step-up, and exclusions.

When is capital gains tax payable on the sale of property? And at what rate are capital gains taxed? We answer these questions and more. Capital gains. Even the mention of these two words together ...

Lackawanna County commissioners are considering a new tool to fight blight — a $250 fee that would be added to the purchase ...