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

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

Explore capital gains tax penalties, reasons for their imposition, their impact, and strategies to avoid them. Navigate IRS ...

Receiving property when someone dies can come with unexpected financial burdens, particularly taxes like estate and inheritance, and capital gains tax, which applies to the profits made from selling ...

A plan to eliminate capital gains taxes on the sale of primary residences—backed by President Donald Trump and some Republican lawmakers—could provide the jolt the sluggish real estate market needs, ...

In one corner: property taxes, rising steadily thanks to rising assessments, voter-approved bonds, and shifting local budgets. In the other: the capital gains tax, a hit that can surprise even ...

Business meeting, leader or accountant consulting worker, employee or team manager for tax, audit or financial budget. Planning, collaboration or teamwork for strategy, innovation or mortgage review ...

When you sell a highly appreciated asset—such as a business, a piece of real estate or a long-held stock portfolio—you face the prospect of capital gains taxes that can significantly reduce your net ...