As home values have soared, the taxes tied to owning and selling a home are under more scrutiny than ever. For longtime homeowners who bought low and watched their equity grow, it’s become a boxing ...
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.
Capital gains taxes can eat into the profits you make from selling investments, sometimes leaving you with less money than you might have expected. But one state has changed its tax policy to help its ...
President Trump on Tuesday floated the possibility of eliminating the federal capital gains tax on home sales, in a move that would change the way real estate profits are taxed for the first time in ...