Capital gains tax is a tax on profits from asset sales. Long-term capital gains tax rates are 0%, 15% or 20%. Short-term rates equal ordinary income tax rates.
Redfin reports 9 out of 10 homes in Anaheim, CA have gained more than $250,000 in value, the most of any major metro More than one in four (25.9%) U.S. homes have gained at least $250,000 in value ...
The IRS released its numbers despite the ongoing government shutdown Here's what you should know about next year's tax rates on long-term capital gains. Attention, investors. Income-tax rules are here ...
President Donald Trump offered little more than a vague “we’re thinking about that” when asked recently about scrapping capital gains taxes on home sales in a bid to unlock the nation’s stagnant ...
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 ...
WASHINGTON (Reuters) -U.S. President Donald Trump said on Tuesday his administration is considering removing taxes on capital gains on home sales. "If the Fed would lower the rates, we wouldn't even ...