Rental property ownership has its benefits, but selling can create a big tax hit. Thankfully, there are a few strategies you ...

Real estate can quietly generate one of the largest tax bills most people ever face, because the IRS treats profit on ...

Explore the nuances of Capital Gains Tax vs Income Tax, their impact on financial planning, investment strategies, and ...

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 ...

When asked about the idea this week in the Oval Office, Trump told reporters, "we're thinking about that." Under current law, you can trigger capital gains taxes for a primary home sale if your profit ...

In this week's Ask the Editor Q&A, Joy Taylor answers tax questions on the gain exclusion tax break when you sell your home.

Real estate experts are weighing in on a potential end to capital gains tax on home sales — as floated by President Donald Trump this week — and whether it could help unlock the housing market. The ...

Dear Liz: I have sold my family home recently after almost 50 years. I had done lots of improvements throughout those years. Due to a fire 15 years ago, all the documentation for these improvements ...