Capital gains taxes are taxes levied on the profit from selling an asset for an amount greater than its purchase price. These taxes are categorized into short-term or long-term based on the asset's ...

If you make money from just about any source, you’re likely to find Uncle Sam nearby. It’s true of money you earn from a job, and it’s true of money you earn from investments – whether that’s stocks, ...

It seems like everyone owns stock, bonds, cryptocurrency, real estate, precious metals, or some other form of investment property these days—and that’s a good thing. These are the building blocks of ...

Dear Liz: We’re retired and living in California. We are planning on selling our home, which is paid for, and moving to Tennessee in a couple of years. I think we qualify for a “one time” capital ...

Capital gains tax looks at the positive difference between an asset’s sale price and its original purchase price or cost basis. This type of tax is highly relevant to real estate transactions as ...

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 ...

Can military folks get a break on capital gains if they have to sell a house before they've owned it for two years? Well, that depends. I often get asked whether there's a special rule that military ...