It's often said that buying a house is one of the best investments you can make. And, just like any investment, it comes with tax issues. With an investment like stocks or bonds, the profit you make ...
Selling a second home can come with an unexpected tax burden. It doesn't matter if it's an inherited ramshackle cabin, a luxury vacation retreat, or even a rental investment, the IRS treats the sale ...
Understanding capital gains tax is essential for savvy investors. If you’re aiming to maximize your returns, you need to know when you’ll encounter capital gains taxes and how to deal with them. In ...
Get guidance from trusted mortgage experts. Selling your home can be rewarding, especially when you earn a significant profit. But one thing that can cut into these profits is capital gains tax.
Discover the De Minimis Tax Rule's definition, calculation, and examples, plus learn how it affects capital gains tax on ...
On March 24, 2023, the Washington Supreme Court ruled to uphold a controversial capital gains tax on long-term investment profits. The 7% tax applies to sales of stock, bonds, mutual funds and other ...
Planning mutual fund capital gains early helps investors reduce tax and avoid last-minute financial year-end stress.