It's often said that buying a house is one of the best investments you can make. And, just like any investment, it comes with tax issues. With an investment like stocks or bonds, the profit you make ...
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 ...
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 ...
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Ask an Advisor: My Investments Don't Withhold Capital Gains Taxes. How Can I Minimize My Tax Bill?
My investment accounts don't withhold taxes from my capital gains, which is causing me to owe large amounts when I file my ...
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 ...
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