Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, certified VITA tax preparer, IRS annual filing season program participant, and tax writer. Betsy began her ...

Selling your home can have tax consequences if its value has gone up. The IRS offers an exemption that lets you exclude some of the profit from capital gains tax when selling your primary residence, ...

Selling your home to downsize can make your retirement more financially stable, but if you have a profit on the sale you might owe capital gains taxes. Fortunately, in many cases those selling their ...

Real estate experts would like to see big changes, perhaps doubling the tax-exempt thresholds or even eliminating the capital gains tax on primary residences. Do your homework to reduce your tax bill.

A long-term capital gain or loss comes from the sale of an investment that was owned for longer than 12 months.

Would ending the capital gains lock-in for senior homeowners free up larger homes for families? Summary: For senior homeowners, removing the cap entirely or retroactively inflation adjusting the ...

Managing capital gains tax liability can significantly reduce your tax burden. Here are some ways to get started. Many, or all, of the products featured on this page are from our advertising partners ...

Mid-century modern How can homeowners make the most of their deck or porch this summer? 3 Strategies to getting your house sold quickly What is an escape clause for an appraisal? Longer days on market ...